The Federal Government has explained why it hs refused to publish names of looters with the recovered lists of recovered money.

In a separate statements by the presidency and the Minister of Information, Alhaji Lai Mohammed, the reason is to allow others who have been named in the scandal to return their loots.

According to the presidency, some have return the money given to them by the past adminitration and they have not been found guilty. "By not releasing their names will gear up others to do so," the presidency added.

The Federal Government said it made cash recoveries totaling N78,325,354,631.82;   $185,119,584.61;   £3,508,355.46 and €11, 250, from looters of public treasury, from May 29, 2015 to May 25, 2016.

Also Minister of Information and Culture, Alhaji Lai Mohammed, in a statement, also disclosed that Recoveries Under Interim Forfeiture (cash and assets) during the period totaled N126,563,481,095.43;   $9,090,243,920.15; £2,484,447.55.

The minister also said that this was based on the interim report on the financial and assets recoveries made by the various government agencies from May 29, 2015 to May 25,   2016, the Funds Awaiting Return From Foreign Jurisdictions totaled 321,316,726.1 Dollars; 6,900,000 Pounds Sterling   and 11,826.11 Euros (Eleven thousand, eight hundred and twenty six Euros, 11 cents).