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Home»ACCOUNTABILITY/CORRUPTION»Africa Anti-Corruption Day: Apply laws on money laundering, parties financing, CISLAC/TI urges anti-graft agencies, others
ACCOUNTABILITY/CORRUPTION

Africa Anti-Corruption Day: Apply laws on money laundering, parties financing, CISLAC/TI urges anti-graft agencies, others

NewsdeskBy NewsdeskJuly 11, 2022Updated:July 11, 2022No Comments3 Mins Read
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The Civil Society Legislative Advocacy Centre (CISLAC), Transparency International (TI) Nigeria has called on Nigeria’s anti-corruption agencies, political parties and other stakeholders in the anti-corruption war, to adhere to the “existing laws around money laundering and political party financing in Nigeria should be adhered to so that politicians don’t use ill gotten wealth to get into power.”

The call is contained in a statement to mark this year’s Anti-Corruption Day Celebration, issued by the Executive Director CISLAC/Transparency International, Auwal Ibrahim Rafsanjani emailed to ASHENEWS on Monday.

According to CISLAC, with Nigeria ss the highest Illicit Financial Flow (IFF) offender in the African continent with an estimated sum of $18 billion, based on the African Union High Level panel on IFF led by Thabo Mbeki, it became pertinent for all anti-corruption agencies, the Independent National Electoral Commission (INEC) and scores of other stakeholders, to ensure the full application of the laws.

Read the statement below:

This year’s celebration, which is the sixth edition we are commemorating has the theme: “Strategies and Mechanisms for the Transparent Management of Covid-19 Funds” and we at CISLAC will like to remind the government on the need to be transparent on its expenditures.

A good example is the lingering fuel scarcity which has lasted for months. This is despite the huge sums set aside for subsidy payments. Citizens struggle to understand how trillions are budgeted for fuel subsidy.

This year’s celebration is a good time to remind INEC, anti-graft agencies and law enforcement agencies of their role in enabling a free and fair elections devoid of dirty money and vote trading.

As the highest Illicit Financial Flow (IFF) offender in the African continent with an estimated sum of $18 billion, according to the African Union High Level panel on IFF led by Thabo Mbeki, existing laws around money laundering and political party financing in Nigeria should be adhered to so that politicians don’t use ill gotten wealth to get into power.

CISLAC will also use this opportunity to remind the current government that citizens are keenly watching events around the office of the accountant general of the federation. With 3 different individuals acting in that capacity in less than 2 months, and the numerous allegations against the previous two, citizens demand answers and the government should not sweep the matter under the carpet.

There is also a need to investigate the deteriorating security situation bedevilling the country, the latest which is the Kuje prison break. Recent discoveries of huge sums in the residence of military contractors needs to be investigated to its logical conclusion. Funds meant for securing the lives and properties of Nigerians shouldn’t be diverted.

In conclusion, we would like to call on the anti-graft agencies to be very professional in their actions. Rather than seek media trial and sensational reporting, they should endeavour to do their assignments thoroughly so that state resources are conserved.

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