President Muhammadu Buhari on Wednesday inaugurated a three-member committee to audit all the assets recovered by relevant government agencies.
The three-member committee was sworn in by Mr. Buhari inside the conference room in the office of the wife of the president at the Presidential Villa, Abuja.
The president directed the committee, which has Olufemi Lijadu, Gloria Bibigha and Mohammed Nami as members, to audit all recoveries from the beginning of this administration until April 10, 2017.
They have been given four weeks to submit their report.
The president said he had earlier asked all government agencies to submit detailed reports of all recoveries up to March 2017 to his office.
He said the committee will audit all accounts in which the recovered assets where lodged to ensure reports submitted to him were accurate.
It was gathered that some of the ministries, departments and agencies (MDAs) that have announced recovered loot include the anti-graft EFCC, the Attorney General’s office and the Ministry of Finance.
President Buhari also directed all MDAs, banks and companies to cooperate with the committee, adding that the gains of the anti-corruption campaign of his administration were enormous.
The President further warned that his administration would not allow diversion of funds. Buhari also said that he ensure that the recovered funds be deposited in designated accounts and be managed transparently.