Vice-President Yemi Osinbajo has predicted that the fight against corruption will continue to get more difficult daily.

He said it would get to a point that many people would become discouraged to stand up against corruption.

Osinbajo said this in his address at the 20th anniversary regional webinar organised by the Independent Corrupt Practices and other offences Commission.

His Senior Special Assistant on Media and Publicity, Laolu Akande, made copies of his remarks available to journalists on Tuesday.

The webinar was titled, “Combating corruption and illicit financial flows: New measures and strategies.”

The Vice-President said, “The fight against corruption is nuanced and hydra-headed, it is not going to get easier by the day; as a matter of fact, it will get more difficult by the day and many will become discouraged in standing up against corruption.

“But it is our duty both as individuals and institutions, especially in developing countries where corruption has such a devastating effect, to ensure that we prioritise the fight against corruption and continually devise new ways and new approaches even as the hydra-headed problem itself continues to manifest in different ways.”

Osinbajo said the regime of the President, Major General Muhammadu Buhari (retd.), had been demonstrating the political will and support for anti-corruption measures, which, he said, had afforded all anti-corruption agencies in the country the latitude to do their work without interference.

Osinbajo said the theme of the webinar was only a reminder that corruption remained a scourge militating against the country’s development aspirations.

He noted, “Over the years, massive public resources and assets have been directly stolen, diverted, deliberately misapplied to gratify corrupt tendencies, stashed in foreign jurisdictions or mired in and susceptible to pilferage by the inequitable and unjust international economic system that continues to undermine the social and economic development aspirations of poor countries, especially from Africa.

“Without effectively combating corruption and IFFs and promoting international cooperation for asset recovery and asset return, Africa cannot achieve the Sustainable Development Goals. Goal 16 of the SDGs is devoted to corruption.”

He said breaking the wall of secret corporate ownership was crucial, especially in developing countries, because secrecy around corporate ownership was implicated in the countries’ underdevelopment.

Osinbajo added, “Although anonymous companies are not always illegal, nevertheless secrecy provides a convenient cover for criminality and corruption.

“Our experience in Nigeria, as in other developing countries, is that anonymous corporate ownership covers a multitude of sins, including conflict of interests, corruption, tax evasion, money laundering, and even terrorism financing.”

The Vice-President disclosed that Nigeria was in the process of amending its corporate law to mandate the disclosure of beneficial interest in a company’s shares and prescribe punitive measures for failure of disclosure.

He added, “We must make corruption expensive for those who engage in it and send the unequivocal message that corruption simply does not pay.

“It is the unenviable but noble task of the ICPC and other anti-corruption agencies to make corruption unattractive to its disciples and facilitate new approaches to stemming IFFS and promoting asset recovery and return.”

XXXXTENTACION:
Nobody be saint


even those fighting corruption sef are corrupt themselves.


¿ %

SLAP44:
I had to laugh at how confused this man is, torn between the greed of hanging onto power even in the face of mounting avoidable deaths and doing the right thing which is resigning so he preserve his image, and also to send a strong message which could cause a change in the way the country is being misled.

But he is doing a good job at pretending all is well, he will make a good actor after life at the villa.

okefrancis:

Not all guy , we still have a lot who fears God

Vice- President Yemi Osinbajo has predicted that the fight against corruption will continue to get more difficult daily.
He said it would get to a point that many people would become discouraged to stand up against corruption.

SLAP44:
I had to laugh at how confused this man is, torn between the greed of hanging onto power even in the face of mounting avoidable deaths and doing the right thing which is resigning so he preserve his image, and also to send a strong message which could cause a change in the way the country is being misled.

But he is doing a good job at pretending all is well, he will make a good actor after life at the villa.

JAMO84:
This is the cry of a chronic wailer. Osinbajo remain Nigeria's best ever VP, greater than Ekweme, Atiku, Jonathan and Sambo combined. He will not resign but will remain your VP for the next three years. If you hate him, wait until 2023 and do your worst.



I AM DONE TALKING

truthfulparrot:

I gave up on PMB, the day he raised up the hand of a governor who was caught on camera stuffing proceeds of corruption in dollars into his babaringa. It is also a comedy of errors that the same man that APC government is prosecuting for corruption is now the APC flag bearer for Edo state governorship election! And guess who is the chairman of Edo state APC governorship campaign election? -The dollar stuffing Gandollar!

The DSS wrote to PMB advising against the appointment of Magu, PMB did not listened. The Senate refused to confirm Magu,but PMB refused to remove Magu.

Six years down the line, PMB is settings up a panel to probe Magu.........
This is the story of our president!

SLAP44:
I had to laugh at how confused this man is, torn between the greed of hanging onto power even in the face of mounting avoidable deaths and doing the right thing which is resigning so he preserve his image, and also to send a strong message which could cause a change in the way the country is being misled.

But he is doing a good job at pretending all is well, he will make a good actor after life at the villa.