Saturday, 4 June 2016

FG announces recovery of Grand Total — N204bn; $9.2m; £5.9m and €314k from the looters

FG has announced the recovery of the Grand Total — N204bn; $9.2m; £5.9m and €314k

In the release signed by Minister for Information and National Orientation, Alhaji Lai Muhammed revealed that
Federal Government made cash recoveries totaling N78,325,354,631.82; $185,119,584.61;  £3,508,355.46 & €11, 250 Euros from 29 May 2015 to 25 May 2016.

Recoveries Under Interim Forfeiture (cash & assets) 29 May 2015-29May 2016: N126,563,481,095.43; $9,090,243,920.15 £2,484,447.55; €303,399.17

Funds Awaiting Return From Foreign Jurisdictions:

$321,316,726.1; £6,900,000; €11,826.11 Euros

Total Non-Cash Recoveries (Farmlands, Plots of Land, Uncompleted & Completed Buildings, Vehicles, Maritime Vessels) = 239. #FGNRecoveries

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