[dropcap]N[/dropcap]igeria is braced for a major political shake-up after the government vowed to name and shame leaders it claims have looted billions of dollars from the treasury.
Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami, said it was poised to publish the names of those, past and present, who siphoned state cash, in response to a court order Wednesday.
Malawi, disclosed that the President Muhammadu Buhari-led Federal Government totally agrees with the ruling of the court and hence, will carry out the order as long as it does not amount to violation of the rules of the court.
The judgement followed a Freedom of Information suit number: FHC/CS/964/2016 brought by Socio-Economic Rights and Accountability Project (SERAP) against the Federal Government.
It would be recalled that the Ministry of Information last year published details of the recoveries, which showed that the Nigerian government successfully retrieved total cash amount N78,325,354,631.82, $185,119,584.61, £3,508,355.46 and €11, 250 between May 29, 2015 and May 25, 2016. Also released were recoveries under interim forfeiture, which were a combination of cash and assets, during the same period: N126,563,481,095.43, $9,090,243,920.15, £2,484,447.55 and €303,399.17. Anticipated repatriation from foreign countries totalled: $321,316,726.1, £6,900,000 and €11,826.11. The ministry also announced that 239 non-cash recoveries were made during the one-year period. The non-cash recoveries are – farmlands, plots of land, uncompleted buildings, completed buildings, vehicles and maritime vessels.
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