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We have recovered $1bn in looted funds – Malami

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Abubakar Malami, Attorney-General and Minister of Justice, has revealed that the President, Major General Muhammadu Buhari-led regime has recovered about $1 in looted funds between 2015 and 2022.

We have recovered $1bn in looted funds - Malami

We have recovered $1bn in looted funds – Malami

Malami disclosed this at the Presidential Villa, Abuja while briefing the State Correspondent after the week’s Federal Executive Council meeting on Wednesday.

The Minister of Justice said the recovered assets had been deployed to various sectors of the economy including poverty alleviation.

“Between 2015 to 2022, our administration has recovered about $1 looted funds from different quarters.”


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Malami also expressed the government’s concern over cases of budget padding, which he described as worrisome, noting that every necessary measure would be explored to address it.

Details later…

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