UK govt corrupt, receives £90bn stolen funds from Nigeria, others yearly – Report

By AdvocateNews on 23/10/2019

Share on facebook Yahoo mail icon Gmail icon

Views: 1,159

Mrs. Maryam Uwais
Mrs. Maryam Uwais

The United Kingdom (UK) receives about £90 billion illicit funds from Nigeria, Africa and countries in third world every year, according to report by Christian Erikson and Lionel Faull, anti-corruption advocates.

The advocates disclosed this in a joint paper tagged, ‘Obtaining Property Information Overseas’ presented at the anti-corruption training organised by the Human and Environmental Development Agenda (HEDA Resource Centre) in collaboration with The Corner House; MacArthur Foundation and the Open Society Initiative for West Africa (OSIWA).

In the report obtained by The Cable, they said most of the stolen funds are from the third world, including Nigeria.

According to them, 87,000 illicit assets in the UK are owned by anonymous companies in tax havens, while the values of secretly owned properties in the UK are between 56 to 100 billion pounds, with 40 per cent of these property in the city of London.

“Getting your money back is easier said than done. It takes a long time. If you do not support corruption, there is no need doing banking with Nigeria,” Faull was quoted to have said.

“The fight against corruption will not succeed without a very active citizenry. It requires international solidarity, teaming up with a civil society in order to work with international organisations and make authorities accountable.”

Also, an anti-corruption investigator, Nick Hildyard, said though the UK has one of the most effective anti-corruption laws, in reality, the country does not appear to be fully prepared to stall the wave of corruption, with its financial institutions providing the logistics for corrupt officials from Nigeria.

“The UK is a legally corrupt country”, Hildyard said, adding that “if Western countries genuinely wish to fight corruption, they should stop the warehouse of stolen funds from Nigeria”.

Speaking, the Special Adviser to the President on Social Investment, Mrs. Maryam Uwais, said corruption cannot be eradicated overnight.

She said at the moment, six million Nigerians are on the database of the NSIP, adding that 167,000 out of the figure are physically challenged people.

She said communication remains a challenge since many of the beneficiaries live in rural areas.

“It has been a dilemma for me generally. It’s been a choice that has been hard,” she said.

“We call on journalists to please go out of their duties to help reach out to them.”

She, however, commended the federal government’s efforts at fighting poverty by ploughing recovered stolen wealth into meeting the essentials of poor individuals across the 36 states of the federation.

Posted 23/10/2019 8:50:05 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Babangida tells INEC to cancel Kogi, Bayelsa elections...

Six wedding guests killed by generator fumes, 20...

#EndSARS: Demand immediate withdrawal of soldiers, Soyinka tells...

#EndSARS: Lagos Attorney-General directs release of 253 persons...

Family of 24 die in Sokoto after eating...

#EndSARS: IGP disowns suit to stop probe, queries...

Man kills his two younger brothers after family...

Enugu LG chairmen have no reason to fail,...

Gov. Ugwuanyi pardons 25 prisoners

Security: Enugu royal fathers, community leaders pass vote...

Magu speaks! 'Nigerians must own the war against...

APC defectors are weak, selfish, says Buhari

 

Latest News Insecurity: Royal Navy Warship arrives in Lagos IPOB threatens a week sit-at-home from November 4 if Kanu is not released Police forced me to borrow N35,000 from online platform to pay bribe – Singer Herdsmen kidnap Enugu fashion designer, demand N2m ramsom Man puts himself up for sale for N20m in Kano Oronsaye report: FG budgets N900bn for agencies recommended for scrapping EFCC arraigns Cecilia Osipitan for N6bn PHCN insurance benefit fraud Enugu govt extends verification of status of monetized quarters Reconsider 1989 Constitution, it has solutions to crisis of governance, Falana tells Senate Anambra 2021: Accord Party’s Chairman, guber candidate -Maduka debunk defection of running mate Two prospective NYSC Corp members heading to camp abducted by bandits Amechi Awkunanaw Community asks ex-President General, John Egbo, to render accounts of his tenure

 

Most Read Ex-Heads of State will protect Jonathan from persecution —Kukah (191,420 views) FG sends new directive to banks, schools as Buhari extends lockdown by four weeks (191,409 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (191,408 views) Ebonyi bans embalming of corpses in homes (191,405 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (191,404 views) Sickle cell support group seeks government intervention (191,404 views) I’ve no Coronavirus, govt wants to kill me – Anambra Index case (191,404 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (191,254 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (186,870 views) ASUU strike: Senate intervention ends in deadlock (186,175 views) All you need to know about Peter Obi, PDP VP Candidate (148,625 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (146,939 views)

 

 

SECTIONS FAITH (158) EDITORIAL (18) NEWS (6,997) POLITICS (495) SOCIETY (132) SPORTS (53) BUSINESS (367) HEALTH (58) EDUCATION (49) ENTERTAINMENT (51) INTERNATIONAL (178) TECHNOLOGY (6) COLUMNISTS (57) LETTERS (4) OPINION (39)

 

 


There are no video entries posted yet.