Monday, 24 April 2017

Kemi Adeosun assures that Funds recovered will not be re-looted






   The Minister of Finance, Kemi Adeosun, has assured that the President Muhammadu Buhari’s government has put in place measures to ensure that funds recovered by its agencies would not be re-looted.
   She gave the assurance at a press conference on the World Bank, IMF meetings in Washington.
  According to the Minister, the country has a single account for reconciling recovered funds, to avoid re-looting.
  She stated that all the agencies that have recovered funds send the ministry their returns monthly and then they sweep it into a central account which is kept by the Accountant General, so that they can be reconciled.

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