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15 Ex Governors And 40 Others Stole N1.34 Trillion In 8 Years – Lai Muhammed

Nigeria’sย Minister of Information and Culture, Alhaji Lai Mohammed, has made a shocking revelation in the midst of incessant corruption charges in the country that 15 ex-Governors and 40 others stole N1.34trn in eight years.

Punch Newspaper reports that, the minister said this while holding a press conference on the National Sensitization Campaign against Corruption.

According to him,ย โ€œThe situation is dire and the time to act is now. Between 2006 and 2013, just 55 people allegedly stole a total of N1.34tn in Nigeria. Thatโ€™s more than a quarter of last yearโ€™s national budget.

โ€œOut of the stolen funds, 15 former governors allegedly stole N146.84bn; four former ministers allegedly stole N7.05bn; five former legislators allegedly stole N8.35bn; 12 former public servants, both at federal and state levels, allegedly stole over N14.18bn; eight people in the banking industry allegedly stole N524bn; while 11 businessmen allegedly stole N653bn.โ€

Adding that โ€œThis is the money that a few people, just 55 in number, allegedly stole within a period of just eight years. And instead of a national outrage, all we hear are these nonsensical statements that the government is fighting only the opposition or that the government is engaging in vendetta.โ€

Speaking on the ongoing probe into the alleged $2.1b arms purchase scam, Mohammed frowned at the situation where people divert public funds for personal use, adding that anyone involved in corruption will not go scot-free.

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