There are reports that President Muhammadu Buhari on Wednesday confirmed that he had started receiving some documents which indicted some former ministers and other top government officials of massive fraud, including oil theft.
While describing the amount of money involved in the shady deals as mind-boggling, the President promised that his administration would use the indicting documents and others still being compiled to clamp down on the culprits and prosecute them.
Buhari also said while many Nigerians nickname him ‘Baba Go Slow’ because of the delay in forming his cabinet, he would prefer to be ‘slow and steady’ in taking decisions.
The President stated these while speaking at an interactive session with Nigerians in the Diaspora at the Nigerian Embassy in Washington DC, United States, in continuation of his four-day official visit to the country.
He said the documents revealed that some top government officials moved as much as one million barrels of crude oil per day for their personal purposes.
Buhari stated that such officials also opened as many as five bank accounts abroad for the purpose of laundering money.
By the time the process of compiling and identifying the shady deals and those behind them were completed, his administration would approach countries where the loots were kept to assist in repatriating them, the President stated.