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Monday, May 9, 2016

Buhari may reveal details of recovered loot at London summit

Buhari may reveal  details of recovered  loot at London summitThere were signs last night that President Muhammadu Buhari may disclose the actual amount of funds so far  recovered from those who looted the treasury under ex-President Goodluck Jonathan, at the London Anti-Corruption Summit.
Officials were at work last night with a view to verifying the figure.
Sources said Buhari intends to update all the world leaders expected at the summit about his war against corruption. The president is to depart Abuja on Tuesday for the meeting.

Sixty global leaders including Buhari will be participating in the talks.
“Contrary to insinuations that the anti-graft war of the administration of President Muhammadu Buhari is a witch-hunt, the world leaders will be presented with the nation’s fact-sheet on the fight so far,” a top source said last night.
“At the summit, the President will make disclosures on recovered loot and the challenges ahead. The figures have been collated by all relevant MDAs but kept under wraps as I talk to you.
“These critics will realize at the end of the day that Buhari has walked the talk on the anti-corruption war. The President will join 59 other world leaders in the United Kingdom to seal the pact which will make 60 countries a “no safe haven” for treasury looters.
Some of the sanctions likely against looters are as follows:
  • travel restriction or denial of entry into the 60 countries;
  • rejection of request for political asylum by corrupt political and public officers;
  • likely loss of citizenship;
  • no more approval of naturalisation for any corrupt person;
  • no establishment of shell companies abroad; and
  • the corrupt will not be allowed to operate foreign accounts in any of the 60 nations.
The UK Government which is hosting the summit said the leaders might agree on the enforcement of international anti-corruption laws

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