Buhari recovered $390 million, €5.5 million, £6.3 million looted funds, Malami says

Justice minister Abubakar Malami says President Muhammadu Buhari’s anti-corruption posture and policies brought to the front burner issues of judicial reforms and independence, recovering several millions of looted funds.
Mr Malami disclosed this in Abuja during the 17th Edition of President Muhammadu Buhari’s Administration’s Scorecard Series on Thursday. He said that adherence to the tenets of the rule of law, deepening democratic governance practices and strengthening institutional reforms across law enforcement and anti-corruption agencies were part of the cardinal policies at the core of the Buhari regime’s agenda.
“Investors are often attracted to economies that have institutionalized functional judicial systems and where the rule of law prevails,” stated Mr Malami. “In a federation and constitutional democracy such as ours, collaboration between the federal and state governments and other stakeholders in the justice sector is critical to drive the reforms of the justice system for national development.”
According to him, the justice ministry has been strongly driving the prosecution of sexual and gender-based violence, anti-corruption drive, and increased transparency with the growth of initiatives like freedom of information, beneficial ownership disclosures and open contracting.
“There have been continued efforts to strengthen dedicated institutions to ensure data–policy nexus and inter-agency coordination and collaboration, especially via the Inter-Agency Task Team of anti-corruption agencies (IATT) platform,” said the attorney general.
In revenue generation through the sale of forfeited assets, N1.8 billion was generated “so far” by the justice ministry, said Mr Malami.
In international asset recoveries in compliance with presidential mandates and foreign judicial processes, Mr Malami revealed that the justice ministry had recovered “the sum of six million, three hundred and twenty-four thousand, six hundred and twenty-seven pounds, sixty-six pence; five million, four hundred and ninety-four thousand, seven hundred and forty-three euros, seventy-one cents; and three hundred and ninety million dollars from various jurisdictions.”
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Police identify officers in viral Osun brutality video, begin probe
The police have identified officers allegedly involved in the assault of a suspect in a viral video in Ede, Osun, and commenced an investigation into the incident.

Lagos
Years after first going viral, Lagos serial thief robs guests again at Oriental Hotel
About a decade after he went viral on social media for stealing at a public event, a notorious Lagos thief has robbed another guest at Oriental Hotel, sparking public reactions.

States
Kidnapping: Troops rescue 108 livestock, nine hostages in Kebbi
Troops of Sector 2, Joint Task Force North-West, Operation FANSAN YAMMA, have rescued nine kidnapped victims in Kebbi.

World
China seeks balanced global trade through shared prosperity, market access
Mr Ding said China’s imports increased by 22.3 per cent in the first three quarters of 2026, nearly six percentage points above export growth.

States
Another teenager killed in Plateau attack
“Charles sustained injuries during the attack and was rushed to Jos University Teaching Hospital, where he later died,” he said.

World
France’s blood bank cooling system hit by cyberattack
Blood products and bio samples are kept in cooling units before being delivered to healthcare facilities.





