You encourage corruption by providing safe haven for stolen funds, Buhari tells world powers

President Muhammadu Buhari, yesterday, in New York, United States of America, told the international community that the readiness of developed countries to provide safe havens for stolen funds encourages corruption.

He, therefore, urged them to introduce strict measures that would dismantle the hiding places for ill-gotten wealth.

The President made the disclosure while addressing world leaders at the ongoing 70th General Assembly of the United Nations in the US. He also appealed to them to facilitate the return of identified stolen funds and assets to their countries of origin.

The President also observed that corruption, cross-border financial crimes, cyber-crimes and human trafficking were major social vices militating against the collective good of the world in the 21st century.

President Buhari Urged the international community to unite against these vices even as he restated his unwavering determination to fight corruption head-on.

He said: “Let me reaffirm the Nigerian government’s unwavering commitment to fight corruption and illicit financial flows.

“Nigeria is ready and willing to partner with international agencies and individual countries on a bilateral basis to confront crimes and corruption.

“In particular, I call upon the global community to urgently redouble efforts towards strengthening the mechanisms for dismantling safe havens for proceeds of corruption and ensuring the return of stolen funds and assets to their countries of origin.”

He took time to praise the Sustainable Development Goals, SDGs, adopted last Friday by world leaders. President Buhari also proposed the adoption of peace as a seventh essential element of the goals.

He said the greatest want of the world at the moment was peace and adopting it as one of the important elements of the SDGs was very crucial to the realization of other goals.

The President told the UN session that his government was poised to stamp out insecurity and terrorism in the Nigeria, assuring that the abducted Chibok Girls would be rescued.

He expressed concern over the proliferation of small arms and light weapons and called for effective implementation of the Arms Trade Treaty to ensure that small arms and light weapons could only be legally transferred.

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