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President Muhammadu Buhari on Wednesday inaugurated an Audit Committee on recovered assets by government agencies. The committee has three members and is to submit its report in four weeks.

The members are Mr. Olufemi Lijadu, Mrs. Gloria Chinyere Bibigha and Mr. Mohammed Nami.

The committee is to audit all recovered accounts upto April 10, 2017.

According to Buhari, the gains of the anti-corruption are enormous, warning that his administration will not allow wanton diversion of funds.

He said the recovered funds are to be deposited in designated accounts and be managed transparently.

He directed all Ministries, Departments and Agencies (MDAs) as well as all relevant anti-graft Agencies to cooperate with the committee, that is to begin sitting with immediate effect.

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