₦airaland Forum

OkaNaUbe:
Indirectly indicting Buhari's integrity.

troublemakea:
how do you expect them to know. ...is international community living here

Printerscanner:


But the money was looted in the administration of your lords and personal saviours. Now, tell me, who is crazy? The looters or you their supporters and e-warriors?

engineerboat:
The United Kingdom has informed that her position about returning looted funds is that Nigeria cannot be trusted with its money, saying that’s what underpins it poor asset return rate and it has to be addressed.

Philip Hackett, a Queen’s Counsel, said this is the reservations of the UK, when it comes to returning looted funds to Nigeria.

Speaking on the theme: ‘Institutionalising the War against Corruption – New Approaches to Assets Tracing and Recovery’, at the Annual General Conference of the NBA in Abuja on Wednesday, Hackett said the issues with accounting for the funds also contributed to the UK’s hesitation on returning looted funds.


He said: “How much money has been recovered? Practically nothing. Nigeria has recovered so little.

“The UK’s position is that Nigeria cannot be trusted with its money. That’s what underpins it (poor asset return rate), and it has to be addressed.”


The session was chaired by Professor Bolaji Owasanoye, Executive Secretary, Presidential Advisory Committee Against Corruption (PACAC), and featured the presence of Ibrahim Magu, the acting Chairman of the EFCC, who was represented by Chile Okoroma, EFCC’s Director of Legal and Prosecution Department.

In his address, Magu lamented “poor record keeping system”, noting that it is difficult to estimate how much has been looted from the country.

He said: “It is difficult to estimate what Nigeria has lost because we have poor record keeping system.


“Lawyers have been involved in money laundering; laundering of proceeds of crime. When they were asked to register with the Special Control Unit against Money Laundering (SVUML) for regulation, they went to court. NBA said it could regulate itself. But how far has NBA gone in regulating itself? That is the issue.



“I think the NBA Disciplinary Committee should be up and doing. I get embarrassed when NBA descends heavily on lawyers who are not considered to be significant, but they turn a blind eye to what big-time counsels are doing.


“I think they have to do their work without looking at faces, no matter whose ox is gored. That is the only way that we can have confidence and respect for the disciplinary committee.”


http://newsbreakng.com/2018/08/31/buharis-govt-cannot-trusted-looted-funds-returned-u-k/

Oildichotomy:
If after three years the brain dead people from the Buhari side of things still relate the reluctance of UK returning loot as 16 years fault. Then we are doomed

Almaiga:
If UK are having a second thought about Buhari's Government's Integrity, then I presume they will never release the funds to any Nigerian Government. It is on record that, Baba Buhari is the most credible, Integrity and upright leader, Nigeria has ever had.

Butterflyleo:
Wailers above me are clearly brain dead

The UK are talking about returning LOOTED MONIES from Nigeria which the previous government of PDP looted and now for this FG the UK are talking about returning them.

Compare both.

PDP/ GEJ = looted and stashed in UK

APC/ PMB = looted funds now being returned from UK

The UK is simple trying to be cautious because even for them, the 16 years of PDP mismanaging and looting from Nigeria is hard to forget

This is a new administration and this report by the OP is old because 70 million pounds of looted funds traced to GEJ/ Dan Etete and Diezani malabu scandal has been returned and more loot are coming.

An estimated 650 million pounds of looted money under GEJ will be returned by UK .

Engineerboat do you see the mess your PDP caused to Nigeria?

Jonathan authorized those payments to be made to Malabus private account.

PDP aka looters incorporated!

Ballmer:
I am telling you.

You will never see the sick in the head children from the poto land liking this comment in the 100s but if you point how hatred as ruined their life they will advice you to be apolitical at national affairs. Here we have money stolen by PDP led govt being blamed on an APC govt fighting for it repatriation n they claim this tribe is not sick.

Butterflyleo:
My brother they are beyond sick. Sick does not quite match their description. They are simply the true definition of zombies.

They doggedly endorse fraud, stealing, bigotry, criminals as if their lives depended on it. Even when the same frauds and thieves and criminals are stealing from them they still support them.

They just need to be spat on and left to rot.

engineerboat:
The United Kingdom has informed that her position about returning looted funds is that Nigeria cannot be trusted with its money, saying that’s what underpins it poor asset return rate and it has to be addressed.

Philip Hackett, a Queen’s Counsel, said this is the reservations of the UK, when it comes to returning looted funds to Nigeria.

Speaking on the theme: ‘Institutionalising the War against Corruption – New Approaches to Assets Tracing and Recovery’, at the Annual General Conference of the NBA in Abuja on Wednesday, Hackett said the issues with accounting for the funds also contributed to the UK’s hesitation on returning looted funds.


He said: “How much money has been recovered? Practically nothing. Nigeria has recovered so little.

“The UK’s position is that Nigeria cannot be trusted with its money. That’s what underpins it (poor asset return rate), and it has to be addressed.”


The session was chaired by Professor Bolaji Owasanoye, Executive Secretary, Presidential Advisory Committee Against Corruption (PACAC), and featured the presence of Ibrahim Magu, the acting Chairman of the EFCC, who was represented by Chile Okoroma, EFCC’s Director of Legal and Prosecution Department.

In his address, Magu lamented “poor record keeping system”, noting that it is difficult to estimate how much has been looted from the country.

He said: “It is difficult to estimate what Nigeria has lost because we have poor record keeping system.


“Lawyers have been involved in money laundering; laundering of proceeds of crime. When they were asked to register with the Special Control Unit against Money Laundering (SVUML) for regulation, they went to court. NBA said it could regulate itself. But how far has NBA gone in regulating itself? That is the issue.



“I think the NBA Disciplinary Committee should be up and doing. I get embarrassed when NBA descends heavily on lawyers who are not considered to be significant, but they turn a blind eye to what big-time counsels are doing.


“I think they have to do their work without looking at faces, no matter whose ox is gored. That is the only way that we can have confidence and respect for the disciplinary committee.”


http://newsbreakng.com/2018/08/31/buharis-govt-cannot-trusted-looted-funds-returned-u-k/

fallout87:
So Teresa May visited took pictures then after she left they declare APC and Buhari are too corrupt for them to return the money.

That is just priceless.


Maybe instead of doing photo-op for propaganda Buhari and APC should have discussed more meaningful endeavors

Printerscanner:


But the money was looted in the administration of your lords and personal saviours. Now, tell me, who is crazy? The looters or you their supporters and e-warriors?

ican2020:
the international community kowns that this administration is zero when it comes to honesty

troublemakea:
how do you expect them to know. ...is international community living here

troublemakea:
how do you expect them to know. ...is international community living here

Valro:
Haba...is it not our money, are they the ones to tell us how to squander our money. Abegi return the money let's squander, wetin concern me

Realname:
When an illiiterate speaks it is very obvious

Everyone look at this comment please

Is this one educated at all?

smileyoo:
bros. forgive him, he is obviously ignorant of what is going on in nigeria. but the brits themselves 're thieves.

ican2020:
the international community kowns that this administration is zero when it comes to honesty

funnyteeth:
Oga, If magu (The head of EFCC) cannot give a figure on how much was looted, then where did you get your figure from?

This APC supporters are yet to be identified creatures...

troublemakea:
how do you expect them to know. ...is international community living here

Almaiga:
If UK are having a second thought about Buhari's Government's Integrity, then I presume they will never release the funds to any Nigerian Government. It is on record that, Baba Buhari is the most credible, Integrity and upright leader, Nigeria has ever had.

ojsmscom:
The national Assembly should pass a bill for life imprisonment/death sentence against anyone that embezzled the public fund.buhari should draft such Bill to national assembly.same way kidnapping and other serious offences has dealt sentence/life imprisonment.Then we will take him serious on fight against corruption