IMF chief says it can help Nigeria recover stolen funds

  • 2/5/2023
  • 18:29
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ABUJA, Nigeria, Rabi'I 25, 1437, January 05, 2016, SPA -- The managing director of the International Monetary Fund, Christine Lagarde, said Tuesday that her organization wants to collaborate with Nigeria in plugging leaking of funds through corruption and to trace looted money, according to AP. Lagarde, on a visit to the African economic giant, said Nigeria has enough of a financial war-chest to overcome the current economic challenge without resorting to the IMF for financial support. She said at a press conference that during her meeting with President Muhammadu Buhari, she told him that the IMF would be willing to assist the Nigerian government in plugging revenue leakages, tracing stolen funds and restructuring its tax system. Lagarde said she looks forward to discussing how the country could face the challenges associated with global economic downturn, within the remaining days she would be in the country. She said she and Buhari also discussed his anti-corruption crusade as well as his commitment to transparency and accountability. --SPA 22:37 LOCAL TIME 19:37 GMT www.spa.gov.sa/w

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