Buhari set to recover stolen funds - President says
President Muhammadu Buhari on Monday, July 2, said that
his administration has intensified efforts to recover looted
The President, who announced this at an audience with
visiting United States congressmen in Abuja , said
government has taken steps further by identifying banks,
financial institutions and countries in which payments for
stolen Nigerian crude oil were deposited.
President Buhari acknowledged the support and
cooperation his administration is getting from the
international community in gathering required intelligence
for tracing and recovering stolen national resources.
"We are getting cooperation from the international
community, including information on ships that take crude
oil from Nigeria and change direction, or offload their
contents into other ships mid-stream.
"Some monies were paid to individual accounts. We are
identifying the financial institutions and countries that are
"I have been assured that when we get all our documents
together, the United States and other countries will treat our
case with sympathy,’’ the president told the congressmen,
led by Rep. Darrel Issa .
According to him, his administration will welcome more
regular meetings of the Nigeria-United States Bi-National
He noted that the commission could serve as a more useful
platform for the promotion of bilateral trade and economic
relations as well as joint cooperation in the war against
Rep. Darrel had earlier assured President Buhari that the
United States will support Nigeria against Boko Haram by
providing training, intelligence and military platforms.
"We look forward to helping you in many ways to end the
Boko Haram insurgency and the theft of crude oil in the
Gulf," he said.