RECOVERED LOOTS HAVE BEEN STOLEN BY ANTI-CORRUPTION AGENCIES--SARAKI CRIES OUT

President of the Senate, Bukola Saraki, on Tuesday, blamed anti-graft agencies in the country of making it difficult for the Federal Government to convince other nations to return funds looted.

The Senate President who spoke at a one-day strategic retreat on Tackling the progress of Anti-corruption bills in the National Assembly, said many assets recovered were relooted by anti-corruption agencies in Nigeria.

Saraki who was represented by the Deputy leader of the Senate, Bala Na’Allah said: “Nigeria is finding it difficult to convince other nations to return funds looted from our treasury. This is because of other nations’ exasperation over the management of returned assets.

“‎Only recently, Mr. President inaugurated a committee to audit all assets recovered by various government agencies. The National Assembly has been strident about the opacity shrouding the management of recovered funds, which in many cases get reported by the agencies that investigated and recovered them.

“An ad-hoc committee of the Senate, which is investigating some administrative infraction in the Executive, has discovered that many properties recovered from fugitive from the law, have not been accounted for by the investigating agency. This gives global community great concern about the commitment of Nigeria to the anti-corruption drive.”