US to return $350m stolen by Nigerian generals

May 16, 2016

By BAYO AKINLOYE*

U.S Secretary of State John Kerry and Nigerian President Buhari in a 2015 file picture

The United States government has reassured the President Muhammadu Buhari-led Federal Government that it would return at least $350m of stolen money from Nigeria.

US Secretary of State, John Kerry, made this pledge during the Anti-corruption Summit Plenary at Lancaster House London, United Kingdom.

He said, “This money goes somewhere, folks. When I read that tens of billions of dollars were stolen from President (Muhammadu) Buhari’s country by generals and put into other nations, some of it in our country – and we are now working to restore $350 million back, and there’s more to be restored to the people.

“And every one of those million dollars that comes back to a country is the opportunity to provide a desk and a chair and school and shelter and health care and meet the needs of nations. That is why we organise ourselves in the world around rule of law and in an effort to try to provide for our citizens,”

According to him, criminal activity is a destroyer of nation-states because it contributes to drug trafficking and arms smuggling.

*Source Punch Nigeria