BY FATI MUSA MARTE, DECEMBER 14, 2021 | 11:17 AM
The Attorney-General of the Federation and Minister of Justice Abubakar Malami, SAN, says Nigeria is collaborating with various jurisdictions in its efforts to recover stolen assets stashed abroad.
Malami made this known at the ninth session of the Conference of States Parties to the United Nations Convention Against Corruption (UNCAC) holding in Sharm El Sheik, Egypt.
The minister in a statement by Dr Umar Gwandu, his Special Assistant on Media and Public Relations, on Monday noted that the essence was to further highlight the importance of beneficial ownership transparency.
He said Nigeria, together with Pakistan, State of Palestine, Peru, Saudi Arabia and Kenya submitted a draft resolution entitled: “Enhancing Access to, and Use of, Beneficial Ownership Information” to facilitate the identification, recovery and return of assets.
He said that significant progress had been recorded in the efforts to combat corruption in Nigeria.
“We will continue to make significant progress in our efforts to prevent and combat corruption, block leakages and recover our stolen assets,’’ he said.
He recalled that Minister of Justice Abubakar Malami, SAN, says Nigeria is collaborating with various jurisdictions in its efforts to recover stolen assets stashed abroad. laws and acts had been enacted by Nigerian government to better combat corruption in the country.
“An effective Criminal Justice System is necessary for investigation and sanctioning corruption. Nigeria implementing the Justice Sector Reform Strategy is actively involved in International Cooperation Mechanisms, Mutual Legal Assistance and reform of the Criminal Justice System.
“We recently enacted a Mutual Legal Assistance Law in line with the recommendations from the UNCAC review, and also enacted the Nigerian Financial Intelligence Unit Act, to create a stand-alone Financial Intelligence Unit,” he said.
Conflict Reporting is dangerous and risky. Our reporters constantly face life-threatening challenges, sometimes surviving ambushes, kidnap attempts and attacks by the whiskers as they travel and go into communities to get authentic and firsthand information. But we dare it every day, nonetheless, in order to keep you informed of the true situation of the victims, the trends in the conflicts and ultimately help in peace building processes. But these come at huge cost to us. We are therefore appealing to you to help our cause by donating to us through any of the following means. You can also donate working tools, which are even more primary to our work. We thank you sincerely as you help our cause.
Alternatively, you can also email us on
email@example.com or message us
via +234 803 931 7767
18 April 2022