Sunday 28 June 2015

Buhari traces looted funds to UK, Switzerland, others

The Federal Government has started tracing looted Nigerian funds to foreign nations with the aim of recovering and repatriating them where it believes corrupt officials have been stashing public funds.

Some of the countries where looted funds from Nigeria have been kept in the past include Liechtenstein, Luxembourg, Switzerland, the United Kingdom and the United States. Others are France, Germany, British Virgin Islands and other tax havens spread across the globe.


''The search will not only cover UK, US, Switzerland, Germany and other known havens for Nigerian looted funds but will cover everywhere under the sun. Anywhere and everywhere that the looted funds are, we have an assurance from the United States of America to assist us to repatriate these funds from anywhere under the sun,'' president spokesman, Femi Adesina shared to PunchNg,

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