Nigeria: President Buhari Traces Looted Funds to UK, Switzerland

Nigeria: President

Buhari Traces Looted Funds

to UK, Switzerland

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President Muhammadu Buhari is

tracing funds looted from the

country's treasury by past

administrations to the United

Kingdom, United States,

Switzerland and other European

countries, PUNCH reports.

The Federal Government has

started tracing looted Nigerian

funds to foreign nations with the

aim of recovering and

repatriating them.

The Federal Government

specifically targets the United

States, the United Kingdom,

France, Switzerland and other

European jurisdictions where it

believes corrupt officials have

been stashing public funds.

This move came on the heels of

the declaration by President

Muhammadu Buhari on his first

day in Aso Villa office that he

inherited an almost empty

treasury from his predecessor,

Dr. Goodluck Jonathan, thus

vowing that his administration

would recover all the looted

funds stashed in foreign banks

by corrupt Nigerians.