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Buhari asks Obama to help track stolen $150bn

21 July 2015, 13:44

Abuja - President Muhammadu Buhari has sought the assistance of the US President Barrack Obama in recovering $150 billion allegedly held in foreign bank accounts on behalf of former political appointees, Thisday reports.

Buhari met with President Barack Obama in Washington on Monday, and it is believed that how to repatriate the stolen money formed part of the discussions between the two leaders.

Also read: Obama woos Buhari after historic election

The President had pledged during his campaign to clamp down on graft, including in the oil industry that provides Nigeria with about two-thirds of government revenue and 90 percent of export earnings.

Obama expressed confidence in the ability of the Nigerian president’s to handle the challenges facing Nigeria, even as he pledged his country’s readiness to assist Nigeria in its developmental challenges.

He said Buhari had come with a clear agenda to tackle the problems of corruption and insecurity occasioned by the activities of Boko Haram sect as well as other violence criminal activities.

Read more at Thisday

- News 24


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