Presidency Speaks on Success Recorded in Assets Recovery

The presidency on Friday explained why the Federal Government released some seized items to their owners.

The Executive Secretary of the Presidential Advisory Committee Against Corruption (PACAC), Prof Sadiq Radda, who spoke on this at the National Orientation Agency programme on public education/citizen enlightenment with the theme: “Value Re-Orientation and the fight against corruption” in Ibadan on Thursday, gave President Muhammadu Buhari’s administration a pass mark on the recovery of assets from “corrupt individuals”.

According to him, PACAC has been able to achieve some successes which recovering money, buildings, hotels, planes, and many others, “including snakes and lions that eat one ram daily.”

Radda, who said the government released animals to their owners because of the high cost of maintaining them pointed that the animals are very expensive to maintain for the government.

He further explained that some of the items collected have been given back to their owners to keep in trust for the government because they bought them.

While noting that the present administration has recovered a lot and many ‘ghost’ workers have been weeded out of government payroll, Radda revealed that in the past, commercial banks would collect money from the government and give loans to it.

“That is no more. In the past you can open many accounts and the government would not know what you were doing; that is no more with the BVN initiative.”

Also speaking, the Director of National Orientation Agency (NOA) in Oyo State, Dolapo Dosunmu, called for an end to corruption in the country.

On their parts, Prof Sabitu Olagoke and Bishop Ayo Ladigbolu, who also delivered papers, urged Nigerians to imbibe the spirit of truthfulness, faithfulness and selflessness as preached by the holy books.

Leave a Reply

Your email address will not be published. Required fields are marked *

FREE eBook - Blogging Cash Course
Subscribe to our newsletter and we will send your free ebook to your email right now!
Thank You! We will send free eBook within a while.