Top News

We don’t have exact figures of looted funds abroad — AGF

As the Federal Government presses harder to recover the money looted from the country by corrupt political office holders, the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), on Friday, gave an indication that the figures of the total amount looted and starched abroad may be difficult to ascertain.
This, the AGF said it is because of the nexus of complexity and dynamics of legislations, culture and policies of various countries regarding the repatriation of the funds.
Malami, who was speaking at a Media Roundtable on Open Government Partnership (OGP), in Abuja stated this while responding to questions on the exact amount of looted funds outside the country.
In his words, “It is impossible to give a clear figure against the background of complexity, differences of rules, approach and processes, at international communities. Also, investigations which are ongoing and keep changing, and there are also cases in court with different jurisdiction and dynamics, so it is impossible to arrive at an exact amount”.
The Chief Law Officer however disclosed that the government is not resting on its oars as it continues to synergize with foreign governments and their anti-corruption agencies to ensure that, not only that the funds are returned but that  they support the nation’s crusade against corruption by ensuring looted funds don’t find their ways into their countries.
He added that the Open Government Partnership to which Nigeria became a signatory last July would enhance the nation’s drive in this regard. “We will work with the network of OGP implementing countries for technical support, especially in repatriating our stolen funds that are currently stashed away abroad.
“It is a process of continuous learning, collaboration and improvement for all of us and I invite the media to join hands with the government to communicate all of these innovative ongoing reform efforts to Nigerians in a very simple language, not just at the federal and states levels but also in the local communities”, he said.
The minister disclosed that in order to achieve this, he has given approval for the establishment of a functional project office in the Ministry of Justice, Specifically designated to foster partnership and collaboration with stakeholders who may wants to know what the government is doing under the OGP initiative.
On the complaint that assets declared by public officers at the Code of Conduct Bureau are not made public,  the minister urged Nigerians to make use of the Freedom of Information (FOI) Act, which enables Nigerians to freely access information from any agency of the government.
According to him, section 1 of the Act vest powers on individuals or corporate bodies to apply for any information and get it without restraints, adding that the Act is not just a policy statement of government but a legislative commitment to ensure transparency and accountability.
The OGP which is a global initiative, is a multi-stakeholder initiative focused on improving government transparency, accountability and responsiveness to citizens through technology and innovation. Nigeria formally joined the initiative in July this year as the 70th country.
According to Malami, “There cannot be a better time to join the initiative than now as the principle of OGP fit into existing efforts of this administration to ensure that all conduits through which public resources are filtered are permanently blocked and anyone caught pilfering public funds no matter how highly placed is made to face the full wrath of the law”.
S-Davies Wande

Recent Posts

Baale of Oluyole Estate, Chief Yemi Ogunyemi is dead

Ogunyemi, a promoter of Yoruba culture, until his death was a prominent member of Council…

2 minutes ago

Nigerians seeking to relocate to US can without job offer — Expert

The US is actively welcoming skilled professionals who can make long-term contributions, and this workshop…

18 minutes ago

OFFCUT: ‘Face your allegations, leave us alone,’ — Netizens slam Akpabio over hardship comment

Fraudulent election is there and many more. Leave Nigerians alone”, Adedipe Oluwatosin wrote. 

42 minutes ago

Raining season: Anambra LG commences clearing, desilting of drainages

The Orumba South Local Government Area of Anambra State has commenced the clearing and desilting…

50 minutes ago

Gombe: Uphold discipline, integrity, AIG Aliyu urges Police officers

The Assistant Inspector General (AIG) of Police in charge of Zone 12, which comprises Bauchi…

1 hour ago

What to know about India’s airstrikes on Pakistan, Kashmir

Prime Minister Narendra Modi said the country would hunt the suspects "till the ends of…

2 hours ago

Welcome

Install

This website uses cookies.