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Ribadu says African countries must take measures recover stolen loot

Mr. Ribadu made the call at a plenary session of the ongoing 2nd Annual High Level Dialogue on Governance and Democracy in Africa holding in Dakar.


Also contributing, Olawale Fapohunda, the Attorney General and Commissioner for Justice in Ekiti State, called for comprehensive reforms of laws to strengthen the rule of law in Africa.

Mr. Ribadu said Nigeria was also able to build a global alliance to stop countries from accepting questionable deposits.

A former Chairman of the Economic and Financial Crimes Commission, EFCC, Nuhu Ribadu, has called on African countries to take measures to recover stolen loot stashed abroad by corrupt leaders.

He said that African countries should learn from Nigeria which had been the only country that had succeeded in recovering stolen wealth of past leaders. He said under his tenure, Nigeria succeeded in recovering $2 billion stashed in various countries by past corrupt leaders.

The former anti-graft boss spoke in Dakar, Senegal.

He said that the EFCC, under his tenure, was able to secure 300 convictions as well as recover $5 billion from corrupt officials.

He urged the AU to assist member states to build up their capacities to use the laid down laws and regulations to tackle corruption.

He said this had often led to a situation whereby the good and upright people often shunned leadership position.

Speaking on the topic: “The Imperatives of Rule of Law for Improved Public Service Delivery in Africa”, the former EFCC boss said this was necessary to serve as deterrent to the leaders and those countries who accepted stolen wealth.

He said the major problem facing leadership in Africa was the perception that “nothing good comes out of the government”.

Mr. Fapohunda therefore called on civil society organisations to show more interest in governance and ensure that people were enlightened to participate in governance.

Ribadu said that there were enough laws to deter and punish corrupt leaders in many African countries, but the major problem was the non-implementation of such laws.

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