The Presidency has stated that money recovered from treasury looters cannot be made public until they are used as evidence against those the money was recovered from.

According to Senior Special Assistant to the President on Media and Publicity, Garba Shehu, the president had the intention of making the recovery public, it could not be done now until they had been brought before a judge as evidence against the looters.

He said the money recovered was currently being lodged in an account with the Central Bank of Nigeria (CBN), adding that the challenge before the government right now was that the money had to first be presented to the court before being made public.

“The issue of how much has been returned has been there. The money retrieved has to be used as evidence in court. The president said two things; we will recover and we will prosecute. So as it now, you don’t go and bring all these millions returned out.

“I am aware that there is an account with the CBN where some of these funds are being kept and are evidences for a judge to see. It is not for public display. I think that is the challenge we have at the moment,” he said.