Nigeria Seizes more than $10.3 Billions In Looted Cash

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The news comes a month after the country was described by British Prime Minister David Cameron as "fantastically corrupt".

An election poster for then presidential hopeful Muhammadu Buhari in 2015

Nigerian officials say they have seized more than $10.3bn (£7.1bn) in looted cash and assets in the past year as part of an anti-corruption drive by the country's president.

Information Minister Lai Mohammed said the funds include $583.5m in cash and $9.7bn in cash and assets under interim forfeiture, including sea-going vessels, buildings and land.

The minister's special adviser Segun Adeyemi told Reuters: "All these are monies recovered from individuals and entities who had either hidden, stolen, diverted or were in possession of monies belonging to the nation.

"These recovered funds include monies withheld by past government officials, monies kept in private accounts, monies diverted to private pockets and monies in possession of government officials not disclosed after leaving government."

Nigeria also expects the return of some $330m stolen from its public treasury and moved to overseas banks, most of it in Switzerland, according to Mr Mohammed.

describing Nigeria and Afghanistan as "fantastically corrupt" in a conversation with the Queen.

Nigeria's president Muhammadu Buhari told Sky News in response that his country is corrupt and that he did not expect an apology from the PM.

current leader Mr Buhari, who says he inherited national finances severely depleted by massive corruption.

Since then, the sharp drop in oil prices - crude sales make up around 70% of national income - has left the country struggling economically.

The government has previously revealed plans to generate $17bn this year from non-oil sources to help fund the $30.6bn budget signed into law by Mr Buhari last month.

Source: Sky News

 

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Na Tanzania tumeambulia nini hadi sasa? SIFURI pamoja na kuambiwa na Mwanasheria Mkuu kwamba ripoti ya mabilioni ya Uswiss iko tayari tangu February 2015 na ilikuwa inasubiri kuwakilishwa Bungeni hadi hii leo haijawakilishwa Bungeni. Walioficha pesa zao za Rada nje ya nchi wamefanywa nini bado hawajaguswa wote na yuke Mzee wa Vijisenti ambaye alificha nje ya nchi zaidi ya $600,000.

 

[Quarterpin]

Ukifatilia yaliyojiri baada ya hiyo trip ya Uingereza ambayo pia Tanzania ilialikwa utagundua kuwa coverage kubwa imewekwa Nigeria. Nenda youtube angalia panel discussion za viongozi walioalikwa Buhari alishine sana, Tanzania sis tumesinzia kwa karibu kila kitu.
Swala la rushwa na kuficha fedha nje hapa kwetu napo ni balaa, Buhar yy aliomba msaada ni namna gani atarudisha hizo pesa, lakin sis tuliambiwa waingereza wametusifu jinsi tunavyopambana na rushwa, yani full usanii.
Hii nchi haiwez ikakaa itoke hata siku moja sababu viongozi uwezo mdogo.