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Wednesday, February 3, 2016

Nigeria recovers looted $2tn

Nigeria has recovered over the last 12 years more than $2 trillion (£1.4tn) that had been looted from the national treasury, Justice Minister Abubakar Malami has said. 
Criminal gangs and public office holders had stolen the money, he added. 
In 1988 alone, then-military ruler Sani Abacha laundered over $2m, Mr Malami is quoted by Nigeria's Vanguard newspaper as saying. 
President Muhammadu Buhari has vowed “to recover the fortunes that criminals have made illegally by returning every penny that belongs to the Nigerian public”, the minister added.  

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