Treasury looters keep money in forests, graveyard

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Treasury looters now keep funds in graveyard, forests, backyards

By Rotimi Ijikanmi

The Federal Government says its anti corruption agencies have been inundated with information on how treasury  looters have resorted to burying stolen funds in their backyards, deep forests and graveyard.

The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this  on Sunday in Lagos, said the whistleblowing policy is working and has led to the recovery of more looted funds in many currencies.

Mohammed assured in a statement signed by his Special Adviser, Mr Segun Adeyemi, that all the recovered looted funds were safe and government will give full account to Nigerians.

The minister thanked Nigerians for their enthusiasm and commitment in helping the government to tackle corruption through disclosure of useful leads to appropriate government agencies.

“Since we launched the whistleblower policy, we have received immeasurable support from Nigerians.

“Yes, there is monetary reward for any information that leads to recovery of looted funds, but from what we have seen, most of the Nigerians who have come forward with useful leads were driven by patriotism rather than reward.

”Nigerians, fired by a fervid resolve to help banish corruption from their country, have daily inundated the offices of the appropriate government agencies with valuable information.

“We have been told how looters have resorted to burying stolen funds in their backyards, in deep forests and even in burial grounds.

”Thanks to whistle-blowers, it is now clear that a rapacious few have pillaged the nation’s wealth through a vicious orgy of corrupt practices,” he said.

The minister, however, noted that more funds were in the possession of looters than were available to government at all levels to meets its obligations including paying workers’ salaries and providing social amenities.

He stressed that the government will not abandon the policy for whatever reason, but will continue to rejig it and make it more effective as a tool for fighting corruption.

The minister assured that as soon as the necessary reconciliation process and the litigation in some of the cases were concluded, government would give full account of the recovered looted funds to Nigerians

Mohammed re-assured Nigerians who have useful information on looted funds that the government will protect their identities and give them their stipulated reward.

Join the Conversation

  • Hon. Citizen

    Make un go share una money foolish and wicked heartless leaders. You will account for what money? una want to form good people just to announce it on media.

  • paul irumundomon

    When you people keep asking for whistle blowers, many who probably won’t see the end of this year, because you will fail them the way you failed Nigerias
    , what efforts have you put in place to expose and prosecute the owner of the money $43,000,000, found in Lagos. Don’t try to shift from the major issues to divert public attention.
    You are only fooling yourselves, before the international communities. Nigerians are so foolish and confussed, they take what ever you people that are bastards give them