A Senior Special Assistant to President Muhammadu Buhari on
Prosecutions, Okoi Obono-Obla, has said that part of the 2017 budget
will be financed by recovered looted funds.
Obono-Obla made this known on Tuesday in Abuja while speaking with
newsmen on what the Federal Government was doing with looted funds so
far recovered.
“About 20 per cent of this year’s budget will be financed from our recovery effort,’’ he said.
According to him, the Federal Government would, however, liaise with
the National Assembly for permission before the funds would be used.
While commending the All Progressives Congress-led Federal
Government, over its war on corruption, Obono-Obla said the APC was not
going through any leadership crisis as was being reported in a section
of the media.
Obono-Obla said that the party would continue to be in power as long
as it continued to serve the interest of Nigerians by delivering true
democracy dividends.
He debunked insinuations that the recent raid of the Sun Newspaper’s
office by the Economic and Financial Crimes Commission (EFCC) was done
out of victimisation.
“They didn’t go there because the Sun published a news story that is adverse to the EFCC or the Federal Government.
“They went there to do their work as part of their mandate to fight economic and financial crimes,’’ he said.
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