I Will Speak On Recovered Loot On May 29 – President Buhari

Nigeria’s President, Muhammadu Buhari, says he will on May 29 speak on the recovered stolen funds from persons that had been indicted in the ongoing renewed fight against official corruption.

The report is expected to be part of his speech on that day recognised as Nigeria’s Democracy Day.

“So far, what has come out, what has been recovered, in whatever currency, from which ministry, department and individuals, I intend on the 29th to speak on this because all that Nigerians are getting to know are from the newspapers, radio and television. We want to make a comprehensive report by May 29”.

In an interview with Channels Television in the UK, where he took part in the London Anti-Corruption Summit, President Buhari also said:

“We want to successfully prosecute them. But you know you can’t go to the court unless you have the documents to do your prosecutions – where some of these people sign for these monies, send it to their personal bank accounts.

"Their banks gave a statement that the money is there when it came how much of it available and so on."

Never Heard The Word ‘Padding’
On 2016 budget and the delay that characterised its processing, he pointed out that if he had not uncovered the padding of the budget, corruption would have crept into the budget, blaming it on technocrats.

“I never heard the word ‘padding’ until this year. I never heard about it. And what does it mean? It means that the technocrats just allow the government to make its noise, go and make presentation to the National Assembly so they will remove it and put their own. 

"So, when we uncovered this, we just have to go back to the basics again.”

Mr President had during the London Anti-Corruption Summit requested for the repatriation of looted funds that where stolen and taken to the UK by past government officials.