Wednesday 30 March 2016

‘We’ve recovered looted funds but they’re not for public display,’ Buhari’s aide says


Presidential media aide, Garba Shehu has said that the Muhammadu Buhari administration has recovered some funds looted from Nigeria’s coffers.

Shehu however added that details of the funds recovered could not be made public yet.


“I am aware that there is an account with the Central Bank of Nigeria (CBN) where some of these funds are being kept and are evidence for a judge to see,” Shehu said on Sunday, March 27, 2016, according to The Nation.

“It is not for public display. I think that is the challenge we have at the moment,” he added.

Shehu also revealed that Vice President, Yemi Osinbajo would soon begin addressing town hall meetings around the country.

Meanwhile, the presidential aide has denied allegations made by the Peoples Democratic Party (PDP) that he received foreign exchange from the Central Bank of Nigeria (CBN) at the official rate and resold for a profit at the black market rate.

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