Saturday, June 27, 2015

Buhari Begins To Trace Looted Funds To Foreign Countries


The president of Nigeria has started tracing Nigeria’s looted funds to foreign countries. Buhari who says he inherited an almost empty treasury from the past Goodluck Jnathan’s administration as started tracing the loots to countries such as United States, United States, Switzerland, the United Kingdom, France, and other European jurisdictions where it believes corrupt officials have been hiding public funds. Some of the countries where looted funds from Nigeria have also been kept in the past include Liechtenstein and Luxembourg and even Switzerland, the United Kingdom and the United States which the president is currently looking into. France, Germany and British Virgin Islands have also served as places corrupt politicians hide Nigeria’s looted money in the past.

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