Wednesday, October 7, 2015

Britain, Switzerland has promise to return Nigeria’s looted funds soon

British and Swiss governments, yesterday, pledged to return looted Nigerian funds stashed away in various personal bank accounts in their countries. The two countries also promised to work with Nigeria’s Economic and Financial Crimes Commission, EFCC, and other anti-graft agencies in the fight against official corruption and theft. The new British High Commissioner, Mr. Paul Arkwright, and Swiss Ambassador, Mr. Eric Mayoraz, made the promises at separate audiences with President Muhammadu Buhari at the Presidential Villa, Abuja, during the presentation of their letters of credence. President Buhari, however, called for the speeding up of the processes of investigation, prosecution and repatriation of public funds stolen by past corrupt public officials and their accomplices. Buhari said: ‘‘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 appreciate the efforts of Prime Minister David Cameron on this issue.” Also, Mr. Arkwright assured the President of Britain’s preparedness to give Nigeria the fullest support and assistance in the recovery of its looted resources.

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