Illegal Transactions: Nigeria Loses $400bn Looted Funds To Foreign Havens - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
December 17, 2019
The Attorney-General of the Federation and Minister of Justice,
Abubakar Malami says Nigeria lost four-hundred billion dollars looted
funds to foreign havens.
Malami, who made this known this in Abuja at the 8th sessionof the
Conference of States Parties to the UnitedNations, UN Convention
Against Corruption in the United Arab Emirate,UAE, said the funds
were stolen and expatriated by corrupt leadersand their foreign
accomplices including multinational companies.
The Minister, in an issued statement by his spokesman, UmarGwandu
told the session that the government had takenstrong measures to
address the challenge to ensure that Nigerianfinancial institutions
and banks were not used as channels for theseillegal transactions.