The Presidency on Wednesday vowed to take all necessary measures to recover the seven billion dollars which the Central Bank of dashed commercial banks in 2006 as bailout cash.
The chairman of the Presidential Committee on the Recovery of Public Property, Mr. Okoi Obla-Obono, made the resolve of the government public at a public event organized by some civil society groups on the controversial Oil Prospecting Lease 245 in Abuja.
Obla-Obono added that the federal government is also investigating an unnamed top politician for running twenty companies in a European tax haven so as to evade tax payment to Nigeria. The presidential aide also disclosed that a leading oil firm that has withheld one-point-nine billion dollars oil revenue payment to Nigeria was being investigated and would be sanctioned for economic sabotage.