Thursday, December 1, 2016

Switzerland, US, UK to return Nigeria stolen funds-Sagay



*PACA: Counsels, clients manipulating courts

The chairman of the Presidential Advisory Committee Against Corruption (PACA), Professor Itse Sagay, (SAN), has disclosed that some countries, where some corrupt Nigerians went to hide stolen loot, have promised to return such money.

Speaking in Ikeja yesterday during interaction session with media practitioners and members of Civil Society Organisation(CSO), while revealing activities of PACA in the last one year, Sagay said that some countries, including Switzerland, United States of America and United Kingdom (UK), have promised to return Nigerian stolen funds, hidden in their countries.
According to Sagay, this became possible because these foreign countries believe and have faith in the administration of the President Muhammadu Buhari and his anti-corruption war.
He said: “We’re also involved in the whole processing of tracing loots hidden all over the world. It’s been a busy year for us. There had been challenges. We’ve justified the establishment of the committee. I can mention two or even three countries which had agreed to return stolen loot, hidden and traced to their countries; Switzerland has cooperated very well, United States of America and UK too.”
Asked the amount recovered from the three countries, Sagay said: “ I can’t tell you how much.”
He also revealed that the Presidency had accepted PACA’s recommendation that a  special court to try corruption and other related cases be created.
While explaining that PACA has done a lot of interaction with judges in order to enhance their capacity, so they could handle corruption cases, Sagay noted that professionals were brought from different countries to train the judges.
Speaking on banks that ignored certain laws concerning TSA, Sagay said that such banks support and hide stolen money for corrupt Nigerians.
He said that since such banks have refused to obey the law, they were liable and their managers could be arrested.
He said: “ Refusing to follow laws on TSA by banks is a criminal offence. If such banks are found out, they would be prosecuted.”
Reacting to a participant who accused him of talking too much, Sagay said he would never shut up on corruption issues. He said that reporters asking him questions were part of corruption fighters.
On complicity of lawmakers in corruption, Professor Femi Odekunle, chairman of the interactive session and member of PACA, accused some lawmakers of being criminals.
He opined that some lawmakers are beneficiaries of corruption. He noted that PACA once organized an interaction session with lawmakers, but after the opening ceremony, the lawmakers disappeared. He argued that Nigerians can’t and shouldn’t rely on the lawmakers in the fight against corruption.
He said: “Rather than depend on lawmakers in the fight against corruption, people should educate and energized the populace.”
He urged Nigerian Labour Union to embark on strikes and protest, to demand to know what lawmakers were doing with Nigeria money and the reasons governance was costing so much. He further opined that labour union was not doing enough in the fight  against corruption.
The Executive Secretary of PACA, Professor Bolaji Owasanoye, said that high profile corruption cases do not drag long in courts because of poor investigations as alleged by some people.
His words: “High profile corruption cases are delayed in courts or dragged, not because of poor investigation, but because defense counsels and their clients are manipulating  the courts and the courts are playing along. Many of them are dragging the cases, hoping that Buhari will leave office and the cases would be forgotten.”

No comments: