How Looters are Burying Stolen Funds in Burial Ground and Forests - FG

The Federal Government says its anti
corruption agencies have been inundated with
information of how looters have resorted to
burying stolen funds in their backyards, deep
forests and burial grounds.
The Minister of Information and Culture, Alhaji
Lai Mohammed, who disclosed this in a
statement issued on Sunday in Lagos, said the
whistle blower policy is working and has led to
the recovery of more looted funds in many
currencies.
Mohammed assured in a statement signed by
his Special Adviser, Mr Segun Adeyemi, that all
the recovered looted funds were safe and
government will give full account to Nigerians.
The minister thanked Nigerians for their
enthusiasm and commitment in helping the
government to tackle corruption through
disclosure of useful leads to appropriate
government agencies.
“Since we launched the whistle blower policy,
we have received immeasurable support from
Nigerians.
“Yes, there is monetary reward for any
information that leads to recovery of looted
funds, but from what we have seen, most of
the Nigerians who have come forward with
useful leads were driven by patriotism rather
than reward.
”Nigerians, fired by a fervid resolve to help
banish corruption from their country, have
daily inundated the offices of the appropriate
government agencies with valuable
information.
“We have been told how looters have resorted
to burying stolen funds in their backyards, in
deep forests and even in burial grounds.
”Thanks to whistle-blowers, it is now clear that
a rapacious few have pillaged the nation’s
wealth through a vicious orgy of corrupt
practices,” he said.
The minister, however, noted that more funds
were in the possession of looters than were
available to government at all levels to meets
its obligations including paying workers’
salaries and providing social amenities.
He stressed that the government will not
abandon the policy for whatever reason, but
will continue to rejig it and make it more
effective as a tool for fighting corruption.
The minister assured that as soon as the
necessary reconciliation process and the
litigation in some of the cases were concluded,
government would give full account of the
recovered looted funds to Nigerians.
Mohammed re-assured Nigerians who have
useful information on looted funds that the
government will protect their identities and
give them their stipulated reward.