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See the list of international sanctions Nigerian looters can expect from May

– The administration of President Muhammadu Buhari is stepping up the fight against corruption

– In May 2016, Nigeria and 59 other nations will sign an agreement on the sanctions to be imposed on corrupt politicians and public office holders

– Mallam Abubakar Malami, the attorney-general of the federation and minister of justice, noted that the agreement would make it difficult for treasury looters to escape abroad with stolen money

president muhammadu Buhari

The administration of President Muhammadu Buhari is stepping up the fight against corruption.

Nigeria and 59 other nations will reportedly sign agreement on the sanctions to be imposed on corrupt politicians and public office holders.

In May 2016, President Muhammadu Buhari will join 59 other world leaders in the United Kingdom to sign the pact by which any of the 60 countries involved would no longer be a “safe haven” for treasury looters.

According to The Nation, some of the sanctions that may be imposed on culprits include:
– travel restriction or denial of entry visa into the 60 countries;
– rejection of request for political asylum by corrupt political and public office holders;
– likely loss of citizenship;
– no more approval of naturalization for any corrupt person;
– no establishment of shell companies abroad;
– the corrupt will not be allowed to operate foreign accounts in any of the 60 nations.

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Mallam Abubakar Malami, the attorney-general of the federation and minister of justice.

Commenting on the agreement, Mallam Abubakar Malami, the attorney-general of the federation and minister of justice, noted that it would make it difficult for treasury looters to escape abroad with stolen money.

“The affected countries will also design ways of sharing intelligence on corrupt officers and money launderers. We will all key into this understanding as part of the global action against corruption.

“With this development, there is no hiding place for any public office holder who steals funds in this country.”

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“The president will deliver a keynote address at the May summit. It all borders on the international appreciation of the anti-corruption agenda of this administration.

“In fact, Nigeria is being considered as the 2017 host of the international summit on anti-corruption,” he said.

Meanwhile, President Buhari’s war against corruption is yielding results.

Nenadi Usman, the director of finance of the Goodluck Jonathan campaign organisation,

Speaking on condition of anonymity, a reliable source said Usman was cooperating with the anti-graft agency and promised to return more money.

The post See the list of international sanctions Nigerian looters can expect from May appeared first on Nigeria News today & Breaking news | Read on NAIJ.COM.


See the list of international sanctions Nigerian looters can expect from May Reviewed by Olusola Bodunde on 02:21 Rating: 5

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