The Federal Government says it has made multiple recoveries of looted funds totaling one hundred and fifty-one million dollars and eight billion naira through the Whistle-Blower Policy.
Minister of Information, Alhaji Lai Mohammed, in a statement, said the recovered funds does not include the nine point two million dollar found with a former Group Managing Director of NNPC, Andrew Yakubu, adding that it was a recovery made through whistle blowing.
Giving the break down, the Minister said the biggest money recovered is one hundred and thirty-six point six million dollars from an account in a commercial bank, where the money was allegedly kept under a fake account name.
He said another seven billion Naira and fifteen million dollars were recovered from a second person, while yet another one billion Naira was gotten from a third suspect.
Although the Minister did not mention the actual persons involved, he said the government is making tremendous progress through the Whistle-Blower Policy.