The Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, has stated that money recovered from corrupt persons by the Federal Government is intact.
Mohammed said the recovered funds would be used for infrastructural and social development, adding that the Federal Government had set up an asset recovery committee to ensure that the money recovered from individuals and Organisations were returned to the Ministry of Finance.
The minister, who spoke in Umuahia, the Abia State capital during a town hall meeting with and the inauguration of ‘The change begins with me campaign,’ pointed out that the recent whistle-blower policy introduced by the Federal Government had facilitated looted funds recovery.
He assured Nigerians that nobody could loot any money recovered from looters under the watch of President Muhammadu Buhari.
The minister blamed the high cost of commodities in the country on corruption, pointing out that there was no economy that would experience the level of looting in Nigeria without having prices of goods and services shot up.