The President Buhari led Federal Government has been challenged by Human rights lawyer, Femi Falana,to take the rejection of the $30 billon loan request by the Senate as a challenge to review the recovery of the nation’s looted wealth.
President Buhari had on Tuesday seen his request to borrow $30 billion denied by the Senate.
Mr. Falana in a statement released on Tuesday said the decision of the Senate to turn down the borrowing plan should spur investigation into the criminal diversion of billions of dollars from the Federation Account.
“A few months ago, I had urged the Minister of Finance to embark on an aggressive recovery policy,” said Mr. Falana, a Senior Advocate of Nigeria.
“Apart from acknowledging the letter and assuring me that the letter was receiving attention no measure has been put in place to recover the looted wealth of the nation.
“In frustration I was compelled to submit a petition to the Economic and Financial Crimes Commission to recover the fund and prosecute the indicted individuals and corporate organisations.”
But Mr. Falana insisted that if efforts were intensified to recover the billions of dollars looted or diverted from the Federation Account, the government would not need to plunge the nation into “another toxic debt”.
The post ‘Recover All Stolen Money, You Don’t Need A $30 Billion Loan’- Falana Urges Buhari appeared first on LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS.
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