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We Have Recovered $1bn Looted Funds – Abubakar Malami

Abubakar Malami, Attorney-General and Minister of Justice, has disclosed that the President, Major General Muhammadu Buhari-led regime has recovered almost $1 billion in looted monies between 2015 and 2022.

Malami made the announcement in the Presidential Villa in Abuja on Wednesday, after briefing the State House Correspondent on the week’s Federal Executive Council meeting.

The recovered assets, according to the Minister of Justice, have been allocated to various areas of the economy, including poverty reduction.

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“Between 2015 to 2022, our administration has recovered about $1 billion looted funds from different quarters.”


Malami also voiced the government’s concern over examples of budget padding, which he termed as troubling, and stated that every possible step will be investigated to address it.


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