Nigeria: FG Recovers N2.05 Trillion From Suspects

The federal government yesterday said it had seized more than U.S.$10.3 billion, about N2.05 trillion at the official conversion rate of N199 per dollar, in looted cash and assets in the past year under President Muhammadu Buhari's anti-corruption campaign.

In addition, the government is expecting the repatriation of more than U.S.$330 million stolen from the public treasury and stashed in banks abroad.

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