Britain, Switzerland to Return Nigeria's Looted Funds

08/Oct/2015   //    Viewers:251    //    Likes:    //    Shares:    //    Comments:


Muhammadu Buhari
British and Swiss governments on Tuesday, 6th of October pledged to return looted Nigerian funds stashed away in various personal bank accounts in their countries, according to the Vanguard.

The two countries also promised to work with Nigeria’s Economic and Financial Crimes Commission, EFCC and other anti-graft agencies to prevent official corruption and theft.

The developments followed President Muhammadu Buhari applauds and remarks that the two countries had been of tremendous assistance to Nigeria in the anti-corruption war of his government.

The President 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.

The president spoke at separate audiences with the new British High Commissioner, Mr. Paul Arkwright and Swiss Ambassador, Mr. Eric Mayoraz who were at the Presidential Villa, Abuja to present their letters of credence.

‘‘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 personally appreciate the efforts of Prime Minister David Cameron on this issue.

“He has honoured his commitments to us.

"He promised to support our government to build a strong and dynamic economy and he has been faithful to his words,’’ President Buhari told Arkwright

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