Buhari in France: ‘We must crack down on safe havens for corrupt assets’



Nigeria’s President, Muhammadu Buhari on Sunday in Paris, France, called for stringent actions against perpetrators of illicit financial flows, including crackdown on safe heavens, warning that continuous impunity will encourage more pilfering of countries’ resources to the detriment of poor and vulnerable populace.

“We must crack down on safe havens for corrupt assets. I also advocate sanctions by professional bodies against transactional middlemen (lawyers, bankers, brokers, public officials, etc.) who facilitate Illicit Financial Flows.
“I would like to reiterate that the Government of Nigeria remains open and is ever willing to continue to identify and share experiences and strategies to give life to the ideas that will lead to winning the fight against corruption,’’ the President said.

At the continental level, the President said the African Union had bestowed on him the honour to champion the fight against corruption, which would be focused on strengthening international cooperation on asset tracing, recovery and repatriation, and enhancing cooperation between the African Union and the United Nations’ anti-corruption monitoring mechanisms.

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