President Muhammadu Buhari
President Muhammadu Buhari

Fear Grips Politicians As Buhari Moves To Sell Recovered Loot     

Why I’m Selling off Looted Assests -Buhari

Funsho Akinwale

Palpable fear has gripped top politicians and some former government officials across the country, following the directive made by President Muhammadu Buhari to the Ministry of Finance to sell all recovered and liability-free assets within six months.

The recovered assets, which are valuable goods such as Diamonds, gold mansions in choice areas, exotic automobiles and landed properties were seized in the course of zero tolerance against corruption embarked on by the Buhari administration.

The president assured Nigerians that he would sell off the recovered loot and spend it on infrastructural project across the country.

“We are pursuing people who have declared assets. But we find out that they have much more than they have declared. We follow them through their bank accounts to the companies they formed to the contracts they got.

“Sometimes, they swear to Almighty God that the structure that cannot develop feet and run away does not belong to them. Then they are confronted with their bank accounts.

“Again, using my experiences when I was arrested and detained, people were given back what they have appropriated. This time around, I said we are going to sell them and put the money into the treasury and I will see whoever comes after that will have the courage to take money from the treasury and give to anybody.

“So, we are winning, but it’s very difficult under this multi-party democracy system. And we are getting the cooperation of countries.

“We are trying to sell the assets wherever we find them and bring the money into the Nigerian treasury,” Buhari said.

Happenings Media