The Federal Government has announced the recovery of about N57.9 billion and $666.68 million through the ongoing anti-corruption crusade.
The Attorney General of the Federation and Minister of Justice, Abubakar Malami, made this revelation in Abuja on Friday while defending the ministry’s 2017 Appropriation bill before the Senate Committee on Judiciary, Human Rights and Legal Matters.
“N50 billion was the fine paid by MTN company while N7 billion and $10 Million US Dollar was recovered from private residence.
Aside some money voluntarily returned, $250 million under interim forfeiture was alleged proceeds of oil bunkering and also $136.676 million awaiting actual remittance and $270 Million was government fund recovered from commercial banks,” he said.
He said that the ministry operated through 2016 without capital budget.
He added: “Our budgetary proposal of N18, 528,093,480.00 was not appropriated thereby compelling the Ministry to operate on a zero capital budget
“I am happy to state however, that we as a Ministry recorded modest achievements in the act of contributing to the revenue generation of the Federal Government notwithstanding the zero capital budgets.”
He spoke of the need for additional funding given the enormous additional responsibilities arising from the passage of the Administration of Criminal Justice Act (ACJA) 2015.
In his response to Senator Ovie Omo-Agege, representing Delta West, on payment of outstanding judgment debts, the Minister explained that he was conscious and perturbed.
“Efforts are on-going to offset the outstanding and probably abate future debts,” the minister said.
