Nigeria Lauds Britain, Switzerland for Repatriating Stolen Money

Wed, Oct 7, 2015
By publisher
3 MIN READ

BREAKING NEWS, Politics

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Nigerian President Muhammadu Buhari applauds British and Swiss support for the recovery and repatriation of Nigeria’s stolen funds

NIGERIAN President Muhammadu Buhari on Tuesday in Abuja, applauded the renewed support from Britain and Switzerland for the recovery and repatriation of public funds stolen from Nigeria.

At separate audiences with the new British and Swiss Ambassadors, who were at the Presidential Villa to present their letters of credence, President Buhari noted that British, Swiss and other foreign anti-crime agencies had already given his administration much help with relevant information and intelligence on public funds that were stolen and illegally transferred to personal bank accounts by officials of past administrations.

The President called, however, for the speeding up of the processes of investigation, prosecution and repatriation of Nigerian funds stolen by corrupt public officials and their accomplices.

‘‘Switzerland and Britain have been very helpful indeed in the recovery of our assets. But we must build on what we have started.

‘‘It is also important to send a signal to the elite that it is no longer business as usual. I personally appreciate the efforts of Prime Minister David Cameron on this issue.

“He has honoured his commitments to us. He promised to support our government to build a strong and dynamic economy and he has been faithful to his words,’’ the President told Paul Arkwright, new British High Commissioner.

Arkwright assured him of Britain’s preparedness to give Nigeria the fullest possible support and assistance in the recovery of its looted resources.

‘‘We are most ready to help. We have a good team at the National Crime Agency, NCA, working with your Economic and Financial Crimes Commission. Tell us where and how we can help and we will provide the assistance,’’ the British High Commissioner assured the President.

President Buhari also welcomed assurances from Eric Mayoraz, new Swiss Ambassador, that his country will expedite action on the repatriation of millions of dollars stolen by Nigerian public officials and still held in Swiss Banks.

‘‘I am very pleased and we will get our Ministry of Justice and the Ministry of Foreign Affairs to work with you to ensure  that all the stolen funds are  returned safely to government coffers as quickly as possible,” the President told the Swiss Ambassador.

President Buhari also received the letters of credence of the Ambassador of  the State of Palestine, Saleh Fhied Saleh, the Ambassador of Myanmar, Tha Aung Nyun and the Ambassador of Slovakia, Peter Holasek, according to a statement signed by Femi Adesina, special adviser to the president on Media and Publicity which was made available to Realnews on Tuesday, October 6.

— Oct 7, 2015 @ 18:10 GMT

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