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Buhari Inaugurates Committee To Reconcile Recovered Loot Account

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President Muhammadu Buhari on Wednesday inaugurated a 3-member committee to audit all assets recovered by the agencies of government.

The members of the committee are Olufemi Lijadu, Chinyere Bibiogha and Mohammad Nami. President Buhari sworn in members of the committee inside the conference room in the office of the First Lady at the Presidential Villa, Abuja.

The president said he had earlier asked all government agencies to submit detailed reports of all recoveries up to March 2017 to his office. He said the committee will audit all accounts in which the recovered assets were lodged to ensure reports submitted to him were accurate. He directed the committee to audit all remittances into the accounts up till April 2017.

Some of the ministries, departments and agencies (MDAs) that have announced recovered loot include the anti-graft EFCC, the Attorney General’s office and the Ministry of Finance.

The President ordered all MDAs, banks and companies to cooperate with the committee. The committee is given a month to conclude the assignment.

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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