Vice President, Yemi Osinbajo defends decision not to name looters

Releasing the names of persons from whom the federal government recovered looted funds and assets may jeopardise ongoing investigations, Vice President Yemi Osinbajo (SAN) has said.

Osinbajo stated this in a statement issued by his Senior Special Assistant on Media and Publicity Mr. Laolu Akande, in Abuja Monday.

Laolu said the Vice President spoke yesterday at the Presidential Villa during a meeting with a delegation of the European Union led by the EU Ambassador in Nigeria, Mr. Michel Arrion.

While the government released a list of monies and assets already recovered in the last one year, names of individuals involved were not included.

Osinbajo alo restated government’s commitment to drive its diversification policy and encourage investors from European countries to take advantage of the situation especially in the agro-allied/processing industry.

He restated the determination of the administration to ensure that the ease of doing business ranking in Nigeria improve by at least 20 steps in the World Bank rating.

To this end, the vice-president said the president had approved the composition of a presidential commission on the matter to be chaired by himself.


Credit: ThisDay