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Buhari inaugurates three-man panel to audit recovered loot

*Maina’s lawyer says we can now tell more

President Muhammadu Buhari has inaugurated a committee to audit all the assets that have been recovered so far in the ongoing anti-corruption campaign.

The three-man panel comprises Olufemi Lijadu, Chinyere Bibiogha and Mohammad Nami.

President Muhammadu Buhari in a handshake with a member of the Audit Committee, Mr Olufemi Lijadu during the Inauguration of Audit Committee PHOTO: SUNDAY AGHAEZE/State House
President Muhammadu Buhari in a handshake with a member of the Audit Committee, Mr Olufemi Lijadu during the Inauguration of Audit Committee PHOTO: SUNDAY AGHAEZE/State House

In a quick response, Barrister Sani Katu the lawyer to former PRTT chairman, Abdulrasheed Maina, said “with this latest development, my client will be ready to give the panel details of cash and properties they recovered which has been looted from the pension suspects. This is why the pension cabal had formed a strong team to drown my client.”

The three-man committee were sworn in on Wednesday during the Federal Executive Council meeting, which held inside the conference room in the office of the wife of the President at the Presidential Villa, Abuja.

Buhari said he had earlier directed each of the ministries, departments and agencies of government to submit to him a detailed report of all recoveries up to March 2017.

He said the committee’s primary assignment would be to audit all accounts in which the recovered assets were lodged, in order to ascertain the accuracy of the reports already submitted to him.

Buhari urged all the affected MDAs, as well as financial institutions to cooperate with members of the committee so that they would be able to submit their report promptly.

The committee has four weeks within which to complete the audit exercise and file its report to the President.

Some of the ministries, departments and agencies (MDAs) that have announced recovery of loot are the EFCC, office of the Attorney General of the Federation and the Ministry of Finance.

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