Friday, May 6, 2016

Nigeria's President Buhari tells the world: Give us back our money. Now.


Nigerian President Muhammadu Buhari is demanding greater international cooperation in returning hundreds of millions of dollars in Nigerian funds hidden abroad. Buhari was elected in March 2015 on an anti-corruption ticket and has pledged to reclaim billions of
dollars allegedly lost to dodgy dealings and mismanagement. The West African oil giant has endured decades of endemic corruption, with state funds being secreted abroad by public figures including ex-military ruler Sani Abacha. The late general, who led Nigeria between 1993 and his death in 1998, is suspected of looting up to $5 billion in public funds during his reign. Switzerland recently agreed to return $321 million Abacha had hidden ..
more on NewsWeek.

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