The anti-corruption crusade of the Federal Government has so far yielded N57.9b and $US666.676m, according to Attorney General of the Federation (AGF)/Justice Minister Abubakar Malami (SAN).
Of this amount, N7billion and $10million cash was recovered from private residences of former public officers, the minister said in an update on the crusade.
Malami revealed the figures while defending the 2017 Appropriation bill of the ministry before the Senate Committee on Judiciary, Human Rights and Legal Matters at the National Assembly in Abuja.
But he was silent on the identity of the individuals in whose houses the money was recovered.
The farthest he went was that the recovered funds include “the N50b fine paid by MTN (a telecommunication company), N7m and $10m (recovered from private residences) and N90m (which was voluntarily returned).”
Malami’s spokesman Salihu Isah also quoted him as saying “$250m found to be proceeds of illegal oil bunkering has been temporarily forfeited to the government; $136.676m is awaiting actual remittance, while $270 FG’s fund has also been recovered from commercial banks.”
The Attorney General said the ministry operated through 2016 without capital budget.
“Our budgetary proposal of N18, 528,093,480.00 was not appropriated thereby compelling the Ministry to operate on a zero capital budget,” he said.
“I am happy to state however, that we as a ministry recorded modest achievements in the act of contributing to the revenue generation of the federal government notwithstanding the zero capital budgets,” Malami said.
The AGF said a of N 6,914,774,768.00 was earmarked for the Ministry in the 2017 budget as against N3, 921,612,815 last year
He explained that the Ministry plans to spend N4,278,824,404. 00 on personnel cost, N1,000,006,899.00 on legal services, N946,834,670.00 on overhead and N689,108,794.00 on capital projects.
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