FGN: $400bn looted from govt treasury
September 13, 2019
1:28 am
The federal government said Thursday that the amount of money looted from government treasury through corrupt practices stood at $400 billion.
This is coming as the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, said the commission was committed to the recovery of stolen assets for the development of the country.
The Minister of State for Niger Delta Affairs, Mr. Festus Keyamo, who made the declaration in Abuja, said government arrived at the amount through a research conducted recently.
Keyamo, who spoke while addressing 164 officers of the EFCC Cadet Course 8 currently undergoing …
