You encourage corruption by providing safe haven for stolen funds, Buhari tells world powers


New York—President Muhammadu Buhari, yesterday, in New York, United States of America, told the international community that the readiness of developed countries to provide safe havens for stolen funds encourages corruption.
He, therefore, urged them to enact strict measures that would dismantle the havens for ill-gotten wealth.
President Buhari, who made the disclosure while addressing world leaders at the ongoing 70th General Assembly of the United Nations in the US, also appealed to them to facilitate the return of identified stolen funds and assets to their countries of origin.
The President also observed that corruption, cross-border financial crimes, cyber crimes and human trafficking were major social vices militating against the collective good of the world in the 21st century.
Urging the international community to unite against the vices, the President reiterated his unwavering determination to fight corruption head-on.
He said: “Let me reaffirm the Nigerian government’s unwavering commitment to fight corruption and illicit financial flows. By any consideration, corruption and cross-border financial crimes are impediments to development, economic growth, and the realization of the well-being of citizens across the globe.
“Nigeria is ready and willing to partner with international agencies and individual countries on a bilateral basis to confront crimes and corruption.
“In particular, I call upon the global community to urgently redouble efforts towards strengthening the mechanisms for dismantling safe havens for proceeds of corruption and ensuring the return of stolen funds and assets to their countries of origin.”




Check the Vanguard newspaper for the full story.








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