Nigeria information Minister Lai Mohammed says EFCC has seized more than $10.3 billion in looted cash and assets in the past year under President Muhammadu Buhari's anti-corruption campaign. He said the government also expects repatriation of some $330 million stolen from the public treasury and stashed in banks abroad. Full post after cut...............
Most is in Switzerland. Mohammed's statement Saturday did not include names of accused officials, though the government had promised to publish them. He said the funds include $583.5 million recovered in cash and $9.7 billion in cash and assets under interim forfeiture including sea-going vessels, buildings and land. Hundreds of people have been arrested, and the many ongoing trials include that of a former national security adviser accused of diverting $2.1 billion meant to fight the Boko Haram Islamic insurgency.
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