According to The Nation online. The Finance minister revealed this while addressing Journalists in Abuja at the end of the monthly Federation Account Allocation Committee (FAAC) meeting in Abuja on Friday.
The Minister of Finance, Mrs Kemi Adeosun, when asked how much had been recovered from those who looted the treasury, said President Buhari was yet to provide the ministry with details of how much had been recovered but the recovery process was ongoing.
The minister did not say if the recovery had been lodged into the federation account to be shared by the three tiers of government or was still domiciled in a separate government account pending further directive from the president
that funds available for disbursement at the end of the meeting was more than the amount shared in the previous months
In a related development, the Federal, State and Local governments shared a total sum of N473.83 billion for the October 2015 Federation Account Allocation Committee (FAAC) meeting.
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