Fighting Corruption Will Get More Difficult In Nigeria – Vice President, Osinbajo

July 15, 2020
80 Views

Osinbajo

Vice President, Yemi Osinbajo

The Vice President of Nigeria,Yemi Osinbajo has stated that the ongoing fight against Corruption might be extremely difficult in coming days.

Speaking at the 20th-anniversary regional webinar organised by the Independent Corrupt Practices and other offences Commission (ICPC) on Tuesday July 14, the Vice President stated that aside from the difficulties, many people will also get frustrated for standing against corruption.

Osinbajo who spoke on the topic “Combating corruption and illicit financial flows: New measures and strategies”, said;

“The fight against corruption is nuanced and hydra-headed, it is not going to get easier by the day; as a matter of fact, it will get more difficult by the day and many will become discouraged in standing up against corruption.

“Over the years, massive public resources and assets have been directly stolen, diverted, deliberately misapplied to gratify corrupt tendencies, stashed in foreign jurisdictions or mired in and susceptible to pilferage by the inequitable and unjust international economic system that continues to undermine the social and economic development aspirations of poor countries, especially from Africa.

“Without effectively combating corruption and IFFs (Illicit Financial Flows) and promoting international cooperation for asset recovery and asset return, Africa cannot achieve the Sustainable Development Goals. Goal 16 of the SDGs is devoted to corruption.

“Our experience in Nigeria, as in other developing countries, is that anonymous corporate ownership covers a multitude of sins, including conflict of interests, corruption, tax evasion, money laundering, and even terrorism financing.”

Osinbajo who averred that the Buhari-led administration has given anti-corruption agencies the will to operate independently, added that the country “must protect, even more, whistle-blowers – persons who come forward with information against corruption” in order to win the fight against corruption.

He said;

“We must protect those who are ready to fight against corruption and who are prepared to do so without necessarily disclosing their identities and even those who are ready to disclose their identities.

“We must make corruption expensive for those who engage in it and send the unequivocal message that corruption simply does not pay.

“It is the unenviable but noble task of the ICPC and other anti-corruption agencies to make corruption unattractive to its disciples and facilitate new approaches to stemming IFFS and promoting asset recovery and return.”

“The thing that we must take note of is that corruption fights back. And it is fighting back and it has the resources to do so.”
 

You may be interested

I Spent 990 Years In The Kingdom Of Darkness — Mummy G.O
News
3 views
News
3 views

I Spent 990 Years In The Kingdom Of Darkness — Mummy G.O

Webby - January 9, 2022

Evang. Funmilayo Adebayo, nicknamed Mummy G.O, General Overseer, Rapture Proclaimer Evangelical Church of God, has revealed how she spent many…

Journalist detained for 65 days without trial in Kaduna
News
1 views
News
1 views

Journalist detained for 65 days without trial in Kaduna

Webby - January 9, 2022

Spread the love A journalist, representing an online foreign publication in Kaduna State, Northwest, Nigeria, Luka Biniyat, is being thrown…

AFCON 2021: Tavares’ Solitary Goal Earns Cape Verde Victory Over Ethiopia
Sports
Sports

AFCON 2021: Tavares’ Solitary Goal Earns Cape Verde Victory Over Ethiopia

Webby - January 9, 2022

Julio Tavares’ goal in the first half was enough to earned Cape Verde a 1-0 win over Ethiopia in the…

Leave a Comment

Your email address will not be published.