We Are Going To Sell All The Recovered Stolen Loots – President Buhari Declares

President Muhammadu Buhari has assured that the Federal Government under his leadership will sell all recovered looted national assets.
Buhari said proceeds of the recovered assets will be paid to the nation’s treasury and utilized for developmental purposes.
Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a statement yesterday, said Buhari disclosed this when he received representatives of social groups in Daura Emirate.
The President assured that his administration will continue to pursue a robust, effective and legitimate anti-corruption campaign that safeguards the treasury and commonwealth of all Nigerians.
Buhari noted that many suspected looters of government’s resources had been denying ownership of their ill-gotten properties and assets across the country. He explained that he was not surprised by the increasing number of those denying ownership or disclaiming the properties traced to them by the various anti-corruption agencies.
The President also said that his government would not allow a repeat of what happened in the 1980s when buildings and other ill-gotten property seized by his military administration were returned to corrupt officials following his ouster as Head of State.
“Some years back, one of my schoolmates in the primary school who worked at a cottage company before his demise predicted that we will come to a situation when looters will deny their loots in Nigeria.
“So, as a civil servant, you have 10 houses in Abuja and even in Kaduna and abroad, the more you show them the properties, the more they will swear that it does not belong to them. “And we are still following the process, you know in a democracy, you have to follow due process and respect the rule of law.

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