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Sunday, March 31, 2013

Return of looted funds

The Punch - Nigeria's Most Widely Read Newspaper
Breaking News, information and opinion in Nigeria
Return of looted funds
Mar 31st 2013, 23:00

Chief lmam Taofeek Sanni, Trade Fair Complex, Central Mosque, Lagos State, +23480596177: The news making the rounds that Britain is considering the return of slush funds back to Nigeria is most unwelcome. I have some misgivings. Will Nigeria be a safe haven for such funds? The vultures are hovering to devour it with great venom. I cannot vouch for the integrity of this government to manage such funds. It will be a return to the status quo: looting spree extravaganza. What purpose will it serve to return the funds and allow such to be "re-exported" back to London etc? It will be a vicious circle; a merry-go-round sort of. I pray that the funds be left in the safe vaults of London. There, necessary institutions are in place to handle itching palms that may want to play games. But here, what awaits such felons are lack of diligent prosecution, resulting in slap on the wrist judgments reprieve by way of state pardon and national honours award.

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