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Buhari to sign international agreement over sanctions on looters

24 April 2016, 17:21

Abuja - Nigeria will reportedly sign an agreement along with 59 other countries to impose sanctions on corrupt politicians and looters within Government offices.

According to a Naij report, in May 2016, Buhari will convene in the United Kingdom with world leaders from across the globe to sign a pact against corruption and looting of treasury.

A list of sanctions to be imposed on those found guilty of corruption:

-travel restriction or denial of entry visa into countries who signed the pact

-rejection of request for asylum

-loss of citizenship

-no establishment of companies abroad

-denial of foreign bank accounts

While commenting on the agreement, Mallam Abubakar Malami, the current Minister of Justice, stated that the pact would make it difficult for corrupt officials to escape with money abroad.

“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,” he said.

Read more at Naij

- News24


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