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Nigeria, U.S Partnering To Repatriate Proceeds Of Corruption, Crime, Says Osinbajo

Pics caption: Vice President Osinbajo receiving the US Congressional Delegation in the Presidential Villa on Monday, August 28, 2017.

The Federal Government, on Monday in Abuja said it is partnering the United States to ensure prompt repatriation of proceeds of crime and corruption from safe havens abroad.
Addressing members of the U.S Congressional Delegation to the Presidential Villa, Vice President Yemi Osinbajo, urged United State Congressmen on a four-nation tour of West Africa to impress upon Washington DC the need to help repatriate
“We have reached out to the US government with respect with helping with repatriation of proceeds of crime and proceeds of corruption,” he continued calling for intensified efforts and systems that would ensure corrupt Nigerian officials are discouraged from such endeavours.
A statement by Laolu Akande, Senior Special Assistant to the President, Media & Publicity in the Office of the Vice President quoted Prof. Osinbajo who was appreciative of the support given by the US so far as saying the Muhammadu Buhari administration regarded “corruption is an existential threat” that must be dealt with at its root.
“We have worked quite closely with the US government on repatriation of funds, we have seen some results,” he stressed, adding that the Federal Government is hoping for more improvement in the process.
“We think that this is very important because what tends to happen with corrupt public officials is that if they are able to find a safe haven for the proceeds of their criminality, not only are they encouraged as individuals but there is the general feeling that if I am able to get the proceeds out of the country I might just get away with it,’’ the Vice President said.
According to him, “this is one of the reasons why we have taken several actions to ensure that we are able to deal with it because some of the major dislocations in the economy are on account of the problems that we have seen with corruption.”
He said the Buhari presidency’s strategy which is one of “the most effective ways of fighting corruption is ensuring that these proceeds are unsafe and for people to know that they would be found out and they would be punished for it and we would seize whatever profit they had gain.”
On the return of the Chibok girls, the Vice President said, “it is a front burner issue for us all the time, there is no question of not continuing to negotiate and looking for the girls.”
He expressed gratitude to God for the hope that the girls are still alive and would be released, noting that “negotiations were continuing and government would keep looking for the opportunity to bring them back.’’
The Vice President thanked the US government for its recent decision to sell Super Tucano aircrafts to Nigeria to aid its fight against insurgency in the North-East.
Sen. Christopher Coons who led the delegation said the visit was to reaffirm the relationship between Nigeria and the United States, noting that the US has “an enduring enthusiasm and partnership with Nigeria.’’
Other members of the Congressional delegation include, Sen. Gary Peters, Sen. Jeff Merkley, Sen. Michael Bennet, Rep. Lisa Blunt Rochester, Rep. Terri Sewell, Rep. Charlie Dent, Rep. Barbara Lee and Rep. Frederica Wilson. They were accompanied by the US Ambassador to Nigeria, Stuart Symington.
Also in attendance were the Minister of Foreign Affairs, Mr Geoffery Onyeama, Minister of Agriculture, Chief Audu Ogbeh, the National Security Adviser, Maj. Gen. Babagana Monguno, and the Chief of Air Staff, Air Marshal Sadique Abubakar.

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