Nigeria’s looted £400bn in Europe, Asia- UK group | Welcome to Linda Ikeji's Blog

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Sunday 9 August 2015

Nigeria’s looted £400bn in Europe, Asia- UK group

 
A group called The Africa Secretariat says over £400bn worth of Nigerian money is being stashed away in Europe, Asia and America.
While President Muhammadu Buhari is seeking the assistance of the United States and European countries to recover looted Nigerian funds kept in foreign banks.

Coordinator of the United Kingdom-based group, Mr. Ben Oguntala, said on Friday that his group had suggested ways of recovering the looted funds to President Buhari.
He said:
“The image President Buhari is projecting is his promise to fight corruption. He cannot do this alone and it is for this reason that we have sent the President our proposal for addressing corruption.
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“There is over £400bn worth of Nigerian money being fraudulently held in Europe, Asia and America. When we met with the President on his visit to London (earlier this year), he asked us to find out how Nigerians in the Diaspora can contribute to the development of Nigeria and we see fighting corruption as a cornerstone of that change that Nigeria is leading across Africa.
“The perpetrators thought they got away from the Nigerian law but now, finally, the law can be extended to bring them to account.”
According to Oguntala, an anti-corruption agency which will be established in Britain has been suggested to Buhari.
He said:
“The Nigerian Corruption Amnesty Commission proposal has been suggested and submitted to the President. It will be headed by one of the most talented lawyers in criminal law in the world. The commission will be answerable directly to the President and will be held in the UK, using the UK and European Union laws to target perpetrators who thought they were out of the Nigerian legal jurisdiction,”.
The proposed commission, Oguntala noted, would invoke the powers of UK’s Bribery and Corruption Act of 2010 and its EU and US equivalent, in collaboration with the Serious Fraud Office and the Metropolitan Police and international fraud agencies that already have names of those that defrauded Nigeria on their radar.
 
The NCAC will also allow Nigerians in the Diaspora and their country to give evidence to the commission.
 
Oguntala added:
“Using social media and the Internet, witnesses will be able to give evidence from any location across the world, providing evidence of corruption they know. The commission will also give a window for perpetrators to confess and return their loots or face the book being thrown at them.
“As part of the confession they give, the commission will demand details of how they carried out the corruption and the information will be used to plug the loophole in the commensurate sources in Nigeria to ensure we prevent such graft from happening again.”


Vanguard 

21 comments:

Unknown said...

They should return the loots plz

STERN said...

I'm in full support of this idea...we need a better Nigeria where this will be no corruption anymore. I hope it works.

aproko manager said...

Ghen ghennn

ary said...

Jesus

Unknown said...

wonderful idea.

Anonymous said...

POLITICIANS DON'T LOOT WITHOUT ACCOMPLICES WHO TRANSVERSE THE LEGAL, BANKING, COMMUNICATION AND SOMETIMES THE ENFORCEMENT SECTORS.

Anonymous said...

Buhari is not interested in all that. He just wants Jonathan's men.

Unknown said...

So on point, they can run but they can't hide

Unknown said...

Some one should tell this fulani aboki man to start working,his useless talk is too much.
Since the looted that amount of money what step have you taking to recover it back or is it by media or news paper you we recover it.
Mr buhari keep on deceiving your self an daft nigeria.








#sad indeed









#sad indeed

Anonymous said...

400b pounds? Yo! That's stupid money...That money can buy a country...TF!

Blog It With Olivia said...

Αи∂ so if there's anything am begining to like about this man, its all about him fightn corruption.
Pls carry on





#ITwillONLYgetBETTER
#itMUSTendINpraise

Unknown said...

Imagine and we are suffering here. Linda take note!

Unknown said...

Imagine and we are suffering here. Linda take note!

Anonymous said...

Mehn they should just do something about the currency exchange cos it's overly ridiculous.. Secondly most of the bank policies being implemented is affecting innocent citizens.. Eg 200 pounds is the limit you can withdraw from your nigerian account for the day... Pls I appreciate the govt effort in fighting corruption but there has to be a balance so innocent citizens working hard for their money can enjoy it..

AbokiDaWarriBoy said...

Sounds promising...but I'm getting fed up with the talking ,I want to see some action. I want head to roll...

Unknown said...

Release their names and spare nobody....

knowurway.com said...

Glory be to God for this. Nigeria must be better again and may God continue to bless Nigeria in Jesus name. Amen!!!

Unknown said...

DEATH SENTENCE TO ANY CORRUPT OFFICIAL,BUHARI TURN NIGERIA TO CHINA,ALL THESE NONSENSE WILL STOP,PEOPLE WILL THINK TWICE BEFORE EMBARKING ON THE DANGER GAME,THIS IS D ONLY SOLUTION TO SOLVE THIS PROBLEM,OTHERWISE BUHARI YOUR WASTING TIME,THIS HEARTLESS FELLOW AINT SCARED OF JAIL,BUT THE HANG MAN WILL DO A GOOD JOB BY HANGING THEM IN PUBLIC AND THIER FMAILY WILL BE ASHAMED TO TRY FOLLOWING THEIR WAY!

Anonymous said...

Richie Shittu, Chuks Iroche, Sujimoto Suji Ogundele have had a hand in helping move funds out

Gabby said...

Good suggestions. This will helps tàke care of technicalities that of denied Nigeria success in the international courts.

royflames007 said...

Laudable idea! Having the EU the US and UK criminal act extended to perpetrators in Nigeria is going to break the criminals back. Sai Baba! pls endorse it..... No more hiding place for the thieves....

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