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FOR TRANSPARENCY: President Buhari Creates Register to Document Recovery of Assets From Treasury Looters

Nigeria's President Muhammadu Buhari has set up an inter-agency committee to oversee the recovery of assets from treasury looters.

The committee is headed by the Vice President, Prof. Yemi Osinbajo.

Information Minister, Alhaji Lai Mohammed, disclosed this when he received the Special Representative of the United Nations Secretary-General for West Africa, Mr. Mohammed Ibn Chambas, in Abuja on Friday.

He disclosed that the team would oversee the anti-corruption agenda and coordinate asset recovery process.

The committee is currently coordinating the collation and categorisation of recovered assets from 2015-2016; verifying the records and status of physical assets such as buildings recovered under previous administrations and setting up the Framework for Management of Recovered Stolen Asset to avoid re-looting and mismanagement of the assets as experienced in the past.

He said a register was created for recovered stolen assets and other government assets to avoid a situation where former or even serving public officers carry away government assets like vehicles, computers etc. sometimes in multiples.

FG is determined to recover all assets illicitly acquired by public officers and other politically exposed persons, he added.

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