President Muhammadu Buhari has said that some former government officials have started returning to the Federal Government’s coffers, part of the public funds they acquired illegally.
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Buhari said the decision to to return the money by the officials was voluntary. He spoke on Tuesday during an interactive session with members of the Nigerian community at the Nigeria House in Tehran, Iran, explaining that the present administration has intensified efforts at recovering all public funds now in the private pockets of former government officials and their fronts.
He, however, said that government was not satisfied with the partial return of the “looted funds”.
“On corruption, yes, they are still innocent. But, we are collecting documents and some of them have started voluntarily returning something. But we want all. When we get those documents then we will formally charge them to court and then we will tell Nigerians to know those, who abused trust when they were entrusted with public funds or when they took it by force for 16 years.”
“So, the day of reckoning is gradually approaching,” he said.
The President explained that those accused of corruption would have been prosecuted by now but for the need to thoroughly investigate them with a view to gathering enough evidence for their eventual trial.
He said that it was easy for him, during his tenure as a military Head of State in 1985, to arrest and put alleged corrupt individuals “in protective custody” for them to prove their innocence.
He, however, said that at the moment, the dictates of the Rule of Law and due process had slowed him down in the prosecution of corruption cases.
The President attributed the epileptic power supply in the country to “power saboteurs who go and blow up installations.”
He, therefore, pledged to deal with such saboteurs to restore sanity in the power sector and improve service delivery to Nigerians.
According to him, most parts of Nigeria have since begun to witness improved power supply without any direct policy directive on the power sector by his administration.