President Muhammadu Buhari, has on Friday, in Abuja, reacted for the first time to the allegations of corruption levelled against the Leaderships of some Federal Government Agencies and Commissions, which include the Economic and Financial Crimes Commission, EFCC, and Niger Delta Development Commission, NDDC, 9jaStarMedia learnt.

The President, who spoke after observing his Eid prayers, at the fore court of the Presidential Villa, Abuja, observed that some appointees of the government, in both his administration and the previous one, have abused their trust.

He, however, expressed delight that some stolen assets are being recovered, sold, and the proceeds put into the Single Treasury Account, TSA, which is inaccessible to the corrupt persons involved.
When asked how he feels about the recent revelations coming out from the EFCC and NDDC, the President said: “There has been abuse of trust by people trusted (EFCC, NDDC) by previous administration and this administration.

“A number of assets have been recovered and some money.

“But we have introduced TSA, where all the monies are taken, and I said asset should be sold and the money be put through TSA, so that it can be identified at any level, and I will see who will come after us and take it back again to those who misappropriated public funds.”
While assuring that all past and present cases would be fully investigated, President Buhari noted: “This is why we put the Commission (of investigation) in place.”

He stressed that all of such cases would be uncovered, and firmly dealt with by his government.
Recall, that the Senate and House of Representatives are currently investigating how the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC, allegedly squandered N40 billion, within a few months.

The Presidency, also instituted a Presidential Probe Panel, headed by retired Justice Ayo Salami, to investigate allegations of gross misconduct against the suspended Acting Chairman of the EFCC, Ibrahim Magu

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