Corruption: How Buhari closed over 2,000 accounts in various banks with TSA
The Federal Government says it will be unfair for Nigerians to measure its achievements in the fight against corruption by the number of convictions it has secured.
The Minister of Information and Culture, Alhaji Lai Mohammed stated this on Monday when he featured on a live TVC News Programme, “This Morning” monitored by the News Agency of Nigeria (NAN) in Abuja.
Mohammed said that the administration has succeeded in laying enduring foundation for fight against corruption through sustainable policies including the Single Treasury Account (TSA), Whistle Blower Policy.
He said with the solid foundation, the fight against corruption will remain the bedrock of the administration in the next four years.
“Under this administration, we insisted and have succeeded in ensuring that all payments and revenues are paid into the TSA
“Before we came in, the federal government had over 2000 different accounts in various banks which resulted in paying several billions on Naira in charges.
“The government then also never had an idea of how much it had as revenue
“Today, over N9.3 trillion has gone into the TSA and that is why it is possible for us to invest especially in the area of infrastructure and social investment programmes,” he said.
The minister said with the TSA savings, the government spent unprecedented N2.7 trillion on development of infrastructure in 2017 and 2018 and also introduced accountability in spending of government resources.
He said the Whistle Blower policy has helped in blocking corruption and recovery of looted funds.
Mohammed disclosed that, the government has, so far, recovered several billions of Naira and about 53 million USD through the policy alone.
He said the administration’s fight against corruption has been recognised abroad with the AU recognition of President Muhammadu Buhari as the champion of anti corruption.
The minister said that the United Nations Office on Drugs and Crime (UNODC) also recognised the efforts of the administration in fighting corruption.
“When we say the fight against corruption is successful is because we have laid the foundation that would make it difficult for people to engage in the evil act.
“For us success of the fight against corruption is the fact that we have driven corruption under the table and make it unattractive as it was before.
“Those who are corrupt are doing so with the fear of the law. It will be progressive,y become more and more difficult in Nigeria for corruption to be attractive,” he said
On the allegation that the government’s anti-corruption fight was against perceived enemies and opposition, the minister said it was a misconception.
“We had 16 years of unbroken rule by the PDP so the likely people who will be accused of misuse of resources should be the people who were in charge .
“We also have some former governors who decamped to APC who have also been convicted,” he said.
The minister reiterated that the anti corruption fight would be frontal in the next four years of the administration of President Buhari.