Friday, 04 October 2024

Nigeria’s stolen funds are scattered all over the world.

The Head of the EU Delegation to Nigeria, Michel Arrion has claimed that Nigeria’s stolen funds are scattered all over the world.

Arrion made this revelation while addressing newsmen on Wednesday in Abuja.

He equally pledged support of the union to President Muhammadu Buhari’s efforts to recover Nigeria’s looted funds.

Arrion, who assured that the EU will continue to give advocacy support, said “Nigeria’s stolen funds are not only in Europe; they are everywhere. So we are happy to see that President Muhammadu Buhari went to UAE to discuss the repatriation of stolen wealth.

The EU envoy while noting that all countries were fighting corruption, stated that the level of commitment differed.

He, however, remarked that the level of corruption in the country had impacted negatively on the economy and infrastructure.

He further warned against executive interference with the judiciary in the fight against corruption, adding that it was important for the executive to make statement on expeditious trial of corruption cases.

“There have been cases of abandoned corruption trials in the past, so there is nothing wrong with the executive making statement on expeditious trial of corruption cases.

“But prosecution must be within the ambit of the Rule of Law,” he said.

According to him, the EU’s support is not only to prevent the incidence of corruption, but also to deal with corruption cases when they occur.


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