Nigerian anti-corruption groups beg Kerry: Return loot

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AP Lagos
Last Updated : Aug 24 2016 | 7:42 PM IST
Anti-corruption groups in Nigeria have begged US Secretary of State John Kerry to help speed the return of billions of dollars looted from the country's treasury by local officials.
Kerry met today with Adetokunbo Mumuni, director of the Socio-Economic Rights and Accountability Project, and other activists before ending his latest Africa visit.
Mumuni said the looted money is believed to be in banks or their offshore holdings from the United States and Britain, Switzerland and other European countries.
Kerry told the group that asset recovery is a lengthy, complicated process but the US government has lawyers and accountants working on it, Mumuni said.
The United States in 2014 froze nearly half a billion dollars of illicit funds from the loot of deceased military dictator Sani Abacha but has yet to say how and when the money will be repatriated.
President Muhammdu Buhari, who won 2015 elections on a promise to halt graft, has estimated that USD 150 billion has been stolen by government officials over the past decade. Dozens of current and former officials have been detained since Buhari took office, but Mumuni said court cases are being delayed by a corrupt justice system.
Yesterday, Kerry linked corruption to Nigeria's ongoing Islamic uprising that has killed an estimated 20,000 people. The first leader of the homegrown extremist group Boko Haram became popular because of his sermons against corruption.
"There is nothing more demoralizing, more destructive, and more disempowering to any citizen than the belief that the system is designed to fail them," Kerry said.
Mumuni's organisation has ongoing lawsuits to force the government to investigate, among other things, USD 20 billion in oil revenues that disappeared in 2014-2015 under the government of President Goodluck Jonathan and the diversion of USD 15 billion meant to buy arms to fight Boko Haram.

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First Published: Aug 24 2016 | 7:42 PM IST