Recovered Loot: Presidency Speaks On Why FG Failed To Name Looters

                                  
                                               Muhammadu Buhari

The Federal Government of Nigeria on have announced that it had made cash recoveries totaling N78,325,354,631.82; $185,119,584.61; £3,508,355.46 and €11, 250, from looters of public treasury, from May 29, 2015 to May 25, 2016.
However, the President Muhammadu Buhari led government failed to print out to the public, the names of those who looted from the national treasury as earlier promised.
With regard to this, a reliable information gathered from an impeccable source, stated that names of looters were not published because of the need to avoid destabilising the cooperation being enjoyed in the recovery of the looted assets.

“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”.
“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?.