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JUST IN: $1bn looted funds recovered since 2015, says FG

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The federal government on Wednesday disclosed that  $1 billion in looted funds have been recovered so far by the administration of President Muhammadu Buhari since 2015.

The attorney-general of the federation, Abubakar Malami made the announcement on Wednesday.

He spoke while briefing state house correspondents after the federal executive council (FEC) meeting at the presidential villa, Abuja.

According to Malami, the recovered funds have been deployed to various sectors of the economy, including poverty alleviation.

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