{"id":71520,"date":"2020-01-28T06:02:56","date_gmt":"2020-01-28T05:02:56","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=71520"},"modified":"2020-01-28T06:02:56","modified_gmt":"2020-01-28T05:02:56","slug":"extraditing-high-profile-looters","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/extraditing-high-profile-looters\/","title":{"rendered":"EXTRADITING HIGH PROFILE LOOTERS"},"content":{"rendered":"
\n
BY JIDE AYOBOLU<\/div>\n
\n
\nNo fewer than 18 high-profile looters in different parts of the world
\nwill be extradited soon, Acting Chairman of the Economic and Financial
\nCrimes Commission (EFCC), Mr. Ibrahim Magu, has said. He told reporters
\nin Ilorin, yesterday that: \u201cThe request of President Muhammadu Buhari
\nin London for the extradition of alleged looters is just the beginning
\nof the fight against corruption in Nigeria. We are going to extradite
\nmore Nigerians to come and face trial in Nigeria. \u201cWe will bring back
\nall the looters who are hiding outside this country. The fight against
\ncorruption has just started I am telling you. It will be renewed this
\nyear. It is going to be vigorous.\u201d<\/p>\n

As far as the anti-corruption crusade is concerned, the PMB government
\nhas taken giant steps, with all seriousness to stamp out the menace from
\nthe body polity; in the same way, corruption is frantically fighting
\nback, under the guise of rule of law and democratic ethos. But there
\nmust be a concerted effort to decisively deal with corruption on all
\nfronts. Corruption is a persistent phenomenon in Nigeria. President
\nMuhammadu Buhari defined corruption as the greatest form of human right
\nviolation. Since the creation of modern public administration in the
\ncountry, there have been cases of official misuse of funds and
\nresources. The rise of public administration and the discovery of oil
\nand natural gas are two major events seen to have led to an increase in
\ncorrupt practices in the country. The government has aimed at containing
\ncorruption through the enactment of laws and the enforcement of
\nintegrity systems, but success has been slow. As at 2012, Nigeria is
\nestimated to have lost over $400 billion to corruption since
\nindependence.<\/p>\n

Corruption in Nigeria today is a hydra-headed monster that must be
\nproperly killed and buried. In a country like China, before anybody
\nthinks of stealing or misappropriating public funds, they would think
\ntwice, because the penalty for graft in China is a death sentence. China
\nhas reduced corruption to the barest minimum, and her economic fortunes
\nand dynamics are looking up, this is exactly what Nigeria should emulate
\nat this stage in her history and development. Nigeria can ill-afford to
\ntreat the issue of graft with kid gloves; every rent-seeking mentality
\nin the system must be blotted out. All forms of corruption, from
\neconomic to political, social, and electoral in both public and private
\nsectors must be fought vigorously to a standstill. Nigeria cannot be an
\nexception to the rule, we cannot continue to celebrate corruption, and
\nneither can corruption continue to be an acceptable way of life to us as
\na people, the best thing to do is to adhere strictly to international
\nbest practice on corruption by having zero tolerance for graft under any
\nguise. And, it should not be accommodated for any reason. Corruption has
\ndistorted a lot of things in the polity which must be corrected, at a
\ntime; Nigeria was a pariah nation that was ostracized amongst the comity
\nof nations just because of the issue of graft. Therefore, the
\nadministration of PMB should be applauded and not vilified for trying to
\nrid the polity of all rancid rot that stinks offensively.<\/p>\n

Corruption is a form of dishonest or unethical conduct by a person
\nentrusted with a position of authority, often to acquire personal
\nbenefits. Corruption may include many activities such as bribery and
\nembezzlement, use of powers by government officials for illegitimate
\nprivate gain, trading in influence; prebendalism etc. even, PMB insists
\nthat corruption is the greatest form of human right violation.
\nCorruption is efforts to secure wealth or power through illegal means
\nprivate gain at public expense; or a misuse of public power for private
\nbenefit, corruption also involves all forms of nepotism, favouritism,
\nconferring improper benefits on undeserving people, extortion etc,
\nhence, PMB has a lot to do to really sanitize the polity of all manners
\nof corruption, including but not limited to the public and private
\nsectors.<\/p>\n

Corruption wastes skills as precious time is often wasted to set up
\nunending committees to fight corruption. It also leads to aid forgone;
\nsome foreign donors do not give aid to corrupt nations. It leads to
\nsocial revolution, riots and violent take-over of governments.
\nCorruption causes a reduction in the quality of goods and services
\navailable to the public, as some companies cut corners to increase
\nprofit margins. Corruption affects investment, economic growth and
\ngovernment expenditure choices. Corruption discourages honest effort and
\nvaluable economic activities, and it breeds inefficiency and nepotism.
\nCorruption leads to information distortion, as it cooks the books and it
\nalso makes public policies ineffective. Corruption upsets ethnic balance
\nand exacerbates problems of national integration in developing
\ncountries, corruption is destructive of governmental structures and
\ncapacity, corruption can destroy the legitimacy of a government,
\ncorruption is inimical to growth and development, as it fosters poverty
\nand suffering on the generality of the people.<\/p>\n

There is no doubt whatsoever that PMB has an uphill task in cleansing
\nthe Augean stables in the country, and no meaningful development can
\neffectively take place without ridding the polity of graft. Therefore,
\nhe should be given all the assistance and support to clean up the mess
\nin the system. And, those that have erred by way of corruption should be
\nready to face the music squarely. It is so doing that the country can
\nreinvent its lost value systems and moral ethos. It is paramount that
\nPMB should be more determined and unwavering in the anti-corruption war,
\nthe war should not be one-sided, it must be all-encompassing, to include
\nmembers of his own political party, even his own inner circle of friends
\nand associates. This is because fighting corruption in Nigeria is like
\nfighting to regain the very soul of the country that has been stolen by
\n\u201cprofessional looters and rogues\u201d. Therefore, nothing must be spared
\nto accomplish this Herculean task.<\/p>\n

The way the anti-corruption war is going, there would be more startling
\nrevelations, that will blow our minds, but the outcome will make the
\neconomy better and the people will benefit more and more from recovered
\nthe loots. What PMB should now do, is to expand the scope of the
\nanti-corruption war, away from his personal conviction to a national
\npriority. It is for this reason, for instance, that he should carefully
\nexamine and reassess the conduct of the ministers as well as all other
\ncategories of public officials and deal with anyone found wanting.<\/p>\n

The President lamented that, while public sector corruption was the
\nusual focus, the private sector\u2019s complicity was equally significant,
\nsuch as when large multinational corporations engage in tax evasion or
\ntransfer pricing. He added that it was the complex web of public-private
\ncollusion and connivance that resulted in proceeds of corruption ending
\nup in foreign countries and especially in their financial institutions
\nand systems. He said: \u201cDismantling the conspiracies that facilitate
\nexport of stolen assets is probably as important as the theme of this
\nconference, \u201cPartnering towards Assets Recovery and Return.\u201d \u201cIt
\nunderscores the fact that fighting corruption is futile if we do not
\nensure that the proceeds of corruption find no safe haven. \u201cRecovering
\nstolen assets not only accomplishes the goal of restitution, it also
\nserves as a potential deterrent to future corruption. \u201cWe must insist
\nthat recovered stolen assets be returned to the country of origin,
\nwithout any preconditions, in line with Article 51 of the United Nations
\nConvention against Corruption, UNCAC. \u201cWe must provide adequate
\nresources to investigate, adequately equip operatives, protect their
\nfamilies, and protect whistleblowers and witnesses. \u201cLet me say to you
\nHeads of Anti-Corruption Agencies in Commonwealth Africa that you have
\nfound yourselves in roles that could change the destinies of your nation
\nif you deliver on your mandates. \u201cYou simply cannot afford to fail; on
\nour part as the Government of Nigeria, we are irrevocably committed to
\nthe fight against corruption.\u201d<\/p>\n

Corruption is too well-entrenched and organized in Nigeria to be easily
\ndislodged. To this end, PMB needs both local and international support
\nto stop corruption and consolidate on the gains, the present
\nadministration is already making; no doubt, PMB is on the right track
\nand he must be encouraged to do even more by all and sundry.<\/p>\n

If the challenge of corruption can be effectively curtailed by PMB, then
\nNigeria can take a giant step forward, towards genuine development and
\nhaving a country that we can all be proud of, the NOA has to up its ante
\nand be on top of its game, a situation where an elder has to financially
\ninduce a younger person before he\/she can carry out an assignment must
\nstop; the war against corruption should not be about PMB and his
\ngovernment alone; the public should own the crusade and speak out
\nagainst corruption, and our religious leaders should also help out in
\nthis regard, but a case whereby religious leaders openly carouse and
\nclandestinely flirt with those in power and seek for all kinds of
\npatronage; as well as benefit from the rent-seeking system, these
\nleaders would not have the moral authority to speak against corruption
\nbecause they have been beneficiaries of corruption. To this end, we must
\nall support the present administration in its efforts to truly move
\nNigeria forward and we must identify enemies of progress in our midst
\nthat must be dealt with by the law courts. Corruption will not kill
\nNigeria, at least, not under the watch of PMB.<\/p><\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BY JIDE AYOBOLU No fewer than 18 high-profile looters in different parts of the world will be extradited soon, Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr.…<\/p>\n","protected":false},"author":1,"featured_media":45795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-71520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-opinions"],"yoast_head":"\nEXTRADITING HIGH PROFILE LOOTERS - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/extraditing-high-profile-looters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EXTRADITING HIGH PROFILE LOOTERS - 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