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buhari at london anti-currupton summit

President Muhammadu Buhari who is currently in London on Anti-Corruption Summit hosted by British Prime Minister, has indicted the international communities for allowing corrupt people to lodge stolen money in their country’s banks.

Buhari said this in his opening remark, the statement made available by his Special Adviser on Media and Publicity, Mr. Femi Adesina.

 

Buhari urged the international communities to create anti-corrupton infrastructure as an urgent step to stem the tide. He also proffer a strategic plan of action that will facilitate the speedy recovery and repatriation of all stolen funds hidden in secret bank accounts abroad.

The statement in part reads:

“Corruption creates a system where resources are shared by a small elite while the majority wallows in poverty. Corruption also undermines the ability of countries to finance development.

“I recall in this regard, the landmark Addis Ababa Action Agenda of the 3rd International Conference on Finance for Development held in January this year.

“A prominent feature of that global framework is the recognition that good governance and measures to combat corruption and curb illicit financial flows will be integral to the effort to attain sustainable development globally by the year 2050.

“It is for this reason that my government is determined to address illicit financial outflows which have served as a major impediment to progress in our country.

“I wish to reiterate our demand that the global community must come up with mechanisms for dismantling safe havens for stolen funds and facilitate the return of stolen assets to their countries of origin.”

buhari at london anti-currupton summit2

The Prime Minister, David Cameron, who faulted Nigeria as a fantastically corrupt nation, later commended Buhari on his effort to curb corruption. Buhari’s reaction to the comment has only being that he wanted the looted money back in Nigeria and not to make further remarks, adding that he would not demand apology from Cameron. Many people were also of the opinion that Cameron was right, while others said the statement was politically inappropriate.

World Bank President, Jim Yong Kim and the U.S. Secretary of State, John Kerry were also speakers at the opening of the session.