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Why Nigeria is yet to recover stolen money abroad—Envoy



Why Nigeria is yet to recover stolen money abroad---Envoy

The British Deputy High Commissioner to Nigeria, Laure Beaofils presenting souvenir to the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari CFR at his palace.

The British government has declared that it has no desire to keep Nigeria’s stolen money siphoned to her county by some corrupt public officials.

British Deputy High Commissioner to Nigeria, Laure Beaufils, disclosed this while speaking with newsmen at a forum organised by the management of Royal FM in Ilorin the Kwara State capital.

ROYAL NEWS reports that the envoy was in the state in continuation of her familiarization tour to some parts of the country stressing that, “the processes of recovering the stocked funds were time consuming and complicated.”Why Nigeria is yet to recover stolen money abroad---Envoy

While responding to question from journalists on whether Nigeria still has hope of recovering the loots, she said the funds were still stocked in Britain because all the legal documents required have not completed.

‘‘There is more than hope, it will happen, the question is question of time and the reason for  that is because  these are very complicated legal processes, what will have to happen for the money to be returned; all the legal documents must be gathered and to be put in place and we have to make sure that all the money goes back and goes back to the right place.

Why Nigeria is yet to recover stolen money abroad---Envoy

“This process can be quite timing and complicated and sometimes there is also hic ups on the way .I think my message to you is because we are committed to returning that money, there is no desire to keep that money, we can’t access it even if we want to and I expect that you will see some infrastructure flow back in the next few years.”

Speaking further, Beaufils expressed delight with the country’s anti-graft agency particularly the Economic and Finical Crimes Commission (EFCC) in prosecuting the nation’s anti corruption war which according to her was already yielding desired dividends.

The Deputy High Commissioner particularly applauded the treasury single account initiative and whistle blowing policy introduced by the federal government to fight corruption describing them as ‘‘good initiatives’’.

‘‘I think there is now more discomfort with corruption, there is latent corruption, may be not systematically, I am not saying we have eradicated it but I do think we are on the right trajectory and I think is important we recognised that’’, the envoy said.

Speaking on the International Day of the Girl Child, the British envoy called for more ‘‘investment in girls and women ’’.

‘‘I think we should continue to invest more in girls and women and to recognise that as it stands they face more challenges and have few opportunities than boys’’, she said.

She however identified lack of access to quality education, sexual violence, lack of access to property and finance as some of the issues confronting the girl child in Nigeria which needed to be addressed.

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Why Nigeria is yet to recover stolen money abroad---Envoy

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