Thursday, July 9, 2020

Why FG did not name looters —Presidency  

More Headline Stories

IG orders Ondo Police Commissioner to restore officers attached to Akeredolu’s deputy, Ajayi

The Inspector-General of Police, Mohammed Adamu, has ordered the Commissioner of Police in Ondo, Bolaji Salami, to restore the security details of the Deputy...

11 Nigerians arraigned over $6m fraud in US

11 Nigerians have been arraigned in a US court for their alleged role in a large-scale conspiracy to commit $6m bank fraud in southern...

Over 1m Nigerians applied for N-Power in less than 48 hours – FG

The federal government has revealed that over one million people applied for the N-Power program, after the application portal was opened for 48 hours. The...

Court orders police to pay N15m to families of 3 Shiite members who were killed in Abuja

The Nigerian police was on Monday June 29, ordered to pay a N15 million fine over the alleged killing of 3 Shiite members in...

Iran to use Interpol to arrest Trump over the murder of a top Iranian general, Qassem Soleimani

Iran issues arrest warrant for Trump over the murder of a top Iranian general, Qassem Soleimani; asks Interpol to help Iran has issued an arrest...




buhari




Yesterday, the presidency came under criticism after making public the amount of loot recovered by the Federal government but failed to list the names of looters .According to the minister of information, Lai Mohammed, looters returned..N78billion, $185m, £3 million..

In response to the criticism, the Presidency, last night, defended its decision not to release the names of those who returned the funds. It cited the fact that while some of those who returned money were not in any way guilty of any offence, publishing the names could deter those contemplating returning ill-gotten funds in their custody. A top Presidency source, who spoke to Sunday Vanguard , anonymously, said

“This thing is ongoing and one of the reasons why we did not release the names was that without going to court we were able to retrieve all that amount of money. If you release names, other people who want to do voluntary returns will not do so. What we need is the money and not the names”, he stated. “Secondly, many of those who returned the money are not necessarily guilty. For instance, if my party gave me money to go and campaign in an election, how am I to know that that money was from an illicit source? “For instance if money is given to a newspaper for publication, you cannot criminalise the newspaper because it did not know where the money came from. If the newspaper returns the money would it be fair to publicise the name of the newspaper. “If you listen to the mob you will just end up in the ditch. The practical thing is that we want more money to come in. And we don’t even know what are the terms of the agreement by which anybody returned money. “So, for those who are saying that we ought to release the names, they got it completely wrong; it would be counterproductive. In fact, some people could go to court suing us for defamation and libel and then the whole essence would be lost and all people would be talking would be about the court cases. That is not what Nigeria needs now. What Nigeria needs now is to be focused and “we believe we have taken the right step in letting Nigerians know how much has been recovered, $9 billion without going to court”.

- Advertisement -

CLICK TO RECEIVE LATEST JOB NEWS ON YOUR PHONE


CLICK TO RECEIVE LATEST JOB NEWS ON YOUR TELEGRAPH


Contact: info@fellowpress.com

  
- Advertisement -

More articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest Post

COVID-19: UNILORIN awaiting FG’s approved resumption date – Official

The Management of the University of Ilorin (UNILORIN) says the institution has put all necessary COVID-19 prevention strategies in place and awaiting Federal Government’s...

Ibadan Electricity Distribution Company Appeals For Caution As Rain Persists

Ibadan Electricity Distribution Company (IBEDC) Plc, has urged its customers and public to be cautious around electrical installations within its network, as the...

Facemask: Ogun lawmaker advocates law to punish defaulters

Mr Ademuyiwa Adeyemi, a member of the Ogun House of Assembly, has advocated the enactment of a law to punish defaulters for not using...

COVID-19 has killed more people in Africa than Ebola – WHO

The World Health Organization (WHO) has said COVID-19 has killed more people in Africa than Ebola. The number of people who died of coronavirus in...

2023: Buhari’s Minister, Nwajiuba warns Southeast against ‘Igbo presidency

The Minister of State for Education, Emeka Nwajiuba, has cautioned the Southeast against the campaign for Igbo presidency. Nwajiuba said there was no time in...

COVID-19: UN to re-release Bob Marley’s One Love to support affected children

The United Nations has said a new version of Bob Marley’s iconic song, One Love, is to be released to support children badly affected...

U.S. lawmakers blast Trump’s decision to formally withdraw WHO

U.S. President Donald Trump’s decision to officially quit the World Health Organisation (WHO) has sparked outrage among U.S. lawmakers, raising concerns over the ongoing...

Chinese mainland reports 9 new confirmed COVID-19 cases, all imported

Chinese health authority said on Thursday that it received reports of nine new confirmed COVID-19 cases on the Chinese mainland on Wednesday and ...

Multipro Consumer Products Limited Job Recruitment (4 Positions)

Multipro Consumer Product Limited, a member company of Tolaram Group. Our Company is a multinational Organization that has been in existence since 1948 and...

Van Sales Representatives at Multipro Consumer Products Limited

Multipro Consumer Product Limited, a member company of Tolaram Group. Our Company is a multinational Organization that has been in existence since 1948 and...

Sales Executives at Multipro Consumer Products Limited

Multipro Consumer Product Limited, a member company of Tolaram Group. Our Company is a multinational Organization that has been in existence since 1948 and...

Area Sales Manager at Multipro Consumer Products Limited

Multipro Consumer Product Limited, a member company of Tolaram Group. Our Company is a multinational Organization that has been in existence since 1948 and...

Brand Manager at Multipro Consumer Products Limited

Multipro Consumer Product Limited, a member company of Tolaram Group. Our Company is a multinational Organization that has been in existence since 1948 and...

FG inaugurates zone 13 police headquarters in Anambra

The Inspector-General of Police, Mr Mohammed Adamu, on Wednesday inaugurated the Zone 13 Nigeria Police Headquarters at Ukpo, near Awka in Anambra. Ukpo is in...

2019 Batch “B” Stream 2 NYSC corps to pass out July 16

The National Youth Service Corps (NYSC) says the passing-out of the 2019 Batch “B” Stream 2 corps members has been fixed nationwide for July...

Kwara Chief of Staff, Aminu Logun, buried in Ilorin residence

The remains of the late Chief of Staff (CoS) to Gov. Abdulrahman Abdulrasaq of Kwara, Aminu Logun, were interred on Wednesday in Ilorin, the...

Breaking: Buhari removes two non-career Ambassdors, appoints new ones

The Senate on Wednesday received a request from President Muhammadu Buhari for the replacement and confirmation of two non-career Ambassadors-designate. The request was contained in...

Ozekhome begs Buhari not to treat Magu same manner he treated others

Human rights lawyer, Chief Mike Ozekhome, SAN, has pleaded with Nigerians and those in authority, not to accord Ibrahim Magu, the suspended Acting Chairman...

Nigerian aviation rebounds as flights resume at Lagos airport

Domestic flights in Nigeria resumed on Wednesday. Airline operations were halted three months ago due to the coronavirus pandemic. At GAT Alpha and MM2 terminals in...

Jeff Bezos overtakes Bill Gates, becomes richest person alive

Jeff Bezos, CEO of Amazon, has broken his record to become the wealthiest person alive, according to the Bloomberg Billionaires Index. Bezos now has a...