• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      The Minister of Education, Dr. Tunji Alausa

      FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

      Troops Eliminate Terrorist, Rescue Kidnap Victims in Sokoto, Katsina, Kaduna

    • Government
      • Governor Kabir Abba Yusuf and the conjoined twins

        Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

        Governor Abba Kabir Yusuf, Kano State

        Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

        Ahmed Balarabe Sa'id

        Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

        The Minister of Education, Dr. Tunji Alausa

        FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

        ECOBANK

        ECOWAS debt: Court Remands Ecobank Legal Head over Perjury, defamation of…

  • Security
    • Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

      Inspector-General of Police Kayode Adeolu Egbetokun

      Police Chief Tasks Border Patrol Commanders on Enhanced Security

      Air Marshal Hasan Abubakar NAF Chief

      Air Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness

      Army Arrest Notorious Cattle Rustlers, Recover Arms in Plateau

  • Features
    • Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

      Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      Traffic officials tolling the vehicle at the scene in Abuja

      SPECIAL REPORT: Extortion, Blood and Impunity Behind Abuja’s Agbero Menace

      AI for Writing

      MUST READ: Why Everyone Should Use AI for Writing, With Pride…

  • State
    • Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

      Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      Governor Kabir Abba Yusuf and the conjoined twins

      Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

      Governor Abba Kabir Yusuf, Kano State

      Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

  • Event
    • Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper

    CISLAC Welcomes Repatriation of Looted Assets to Nigeria

    By
    Auwal Ibrahim Musa
    -
    February 3, 2020
    CISLAC Musa Rafsanjani
    CISLAC Musa Rafsanjani

    CISLAC Welcomes Repatriation of Looted Assets to Nigeria

    The Civil Society Legislative Advocacy Centre (CISLAC) wishes to unequivocally appreciate the Government of Nigeria in their effort to repatriate the stolen Nigerian assets abroad. This is demonstrated by the just announced landmark agreement between the Government of Nigeria, the Island of Jersey and the United States of America for repatriation of assets looted by Sani Abacha.

    On behalf of Nigeria, the Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, is expected to sign a tripartite agreement with the Island of Jersey and the United States of America for repatriation of hundreds of millions of looted assets.

    Once the full volume of assets is repatriated to Nigeria and put to use for the benefit of Nigerian citizens, an important milestone in the ongoing effort of the Nigerian government, Nigerian civil society and like-minded international partners, will be achieved.

    CISLAC and our Nigerian and international partners have long been campaigning for unconditional and swift repatriation of Nigerian and African wealth stolen by kleptocratic leaders aided by the international financial enablers.

    We have been consistent in urging the Government of Nigeria to establish an accountable and transparent system, which would enable 100% accountable utilization of the repatriated assets to the corruption victims, in most cases, the entire Nigerian population, whose common wealth has been systematically plundered and illegally exported abroad for many decades.

    In principle, CISLAC supports the investment of the recovered assets for infrastructure projects. In the context of technical problems, controversies and heavy transaction costs associated with some previous international recoveries, the recovered assets may be invested into infrastructural projects which may be easier to independently verify, and their completion and usage observed by the Nigerian population without expensive verification mechanisms by third parties.

    As we still await full disclosure of the details of this deal, infrastructure projects namely for Lagos-Ibadan Expressway, Abuja-Kano road and the 2nd Niger Bridge, are reported to be funded by these repatriated assets.

    However, we shall insist that the Government complies with the 10 Global Forum for Asset Recovery (GFAR) principles as signed by the Government of Nigeria in 2017 in Washington, DC. In particular, the principle four (4), Transparency and Accountability, should be upheld. The Nigerian public, through independent and competent civil society, should be given an unrestricted access to the contractual arrangement by all three parties of this agreement. The Nigerian public must have unhindered access to the contractual arrangement of this deal to prevent re-looting and misuse of these assets by well-connected individuals and companies. The public has the right to know how these infrastructure projects were selected, which party will oversee the procurement, how the quality of the work will be verified and all other relevant details.

    Read Also:

    • Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara
    • UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication
    • Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

    Let us recall that GFAR principle five (5), Beneficiaries, urges that recovery of stolen assets should benefit the victims of the corrupt practice. The principle of Preclusion of Benefits to Offenders must prevent corrupt individuals from benefiting from this hard-won repatriation of these assets totaling close to 5 billion USD, which Sana Abacha and his cronies had stolen.

    We further urge the Government of Nigeria, the Government of United States and the Jersey authorities, to comply with the GFAR Principle 10 – Inclusion of non-governmental stakeholders. Whereas there have been informal consultations between the concerned governments and some civil society leaders, well-respected and competent non-governmental parties must be formally invited to supervise the utilization of these assets. In the Nigerian context where over 70% of corrupt proceeds emerges from large-scale procurement of public projects, independent oversight is indispensable. With other billions of dollars awaiting repatriation, Nigeria cannot allow mismanagement or mishandling of already recovered assets.

    CISLAC would also like to highlight the fact that many unfulfilled reforms in the assert recovery regime still needs to be adopted by the Government of Nigeria. We still lack clear guidelines for domestic and international recoveries. Domestic recoveries, which surpass in their totality by far the international asset recovery, operate under a chaotic system prone to misuse and abuse by agencies with the mandate to seize and confiscate assets. Crucial legal framework called Proceeds of Crime Act has been inexplicably stalled.

    Civil society leaders have supported the Nigerian government in the international effort. CISLAC endorsed the asset recovery principles agreed in Washington, DC. in 2017, participated in OECD policy rounds in Paris and spared no effort to appeal to international partners to unconditionally return vast proceeds of corruption stashed around the globe and in Nigeria. The Executive Director of CISLAC also supported two recent resolutions on asset recovery adopted by the Conference of the States Parties to the United Nations Convention against Corruption in Abu Dhabi in December 2019. The Nigerian Government needs to be credited for submitting and pushing these important resolutions at the global stage. All countries robbed by criminal networks profit from these efforts.

    We urge the Government of Nigeria to continue to push for reforms which will lead to the establishment of accountable and transparent monitoring framework. Only then we can channel domestic and international recoveries towards the implementation of SDGs and other initiatives targeting the most vulnerable in our society.

    Today, we celebrate an important milestone. However, dozens of other international cases and thousands of domestic asset recoveries await successful conclusion. We urge the Government of Nigeria, international partners, civil society leaders and others to push for addressing root causes of grand corruption and illicit financial flows, which are responsible for robbing Nigerians and others of large parts of national revenues.

    Signed:

    Auwal Ibrahim Musa (Rafsanjani)
    Executive Director, CISLAC

    VISIT OUR OTHER WEBSITES
    PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
    EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
    HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
    ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
    • TAGS
    • AGF
    • CISLAC
    • GFAR
    Previous articleEFCC Arraigns Ex-NDDC Boss, Nicholas Ebomo for N320mn Fraud
    Next articlePolice, Road Safety Take Measures on Illegal Use of Siren, Revolving Lights
    Auwal Ibrahim Musa
    Auwal Ibrahim Musa
    http://www.PRNigeria.com

    RELATED ARTICLESMORE FROM AUTHOR

    Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

    Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

    Police Nab ‘Obi of Lagos,’ Foil ₦1.5 Billion New Palace Fraud

    FACT-CHECK: Did Governor Uba Sani describe El-Rufai as “Godsent” who assisted him with various needs, including property acquisitions and even against Peter Obi?

    The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

    DSS Secures 15-Year Jail Term for Ansaru Leader Over Illegal Mining

    Mrs Diiarau Didi Esther Walson-Jack OON mni, SEC 30, 2008, the new Head of the Civil Service of the Federation

    Personnel Audit to End Guesswork in Civil Service Reforms – Walson-Jack

    Nigerian Army Rescues Abducted Major in Delta State

    AFIT graduates

    AFIT Produces 302 New Personnel to Boost Air Force Technical Capacity

    Brig Gen Mohamed Buba Marwa (rtd)

    Marwa: The Tormentor of Untouchable Drug Lords By Yushau A. Shuaib

    Customs Recruitment: 286,697 Applicants to Sit for Online Test

    Senator Shehu Umar Buba

    Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

    AU, Nigeria Sign MoU to Bolster Counter-Terrorism Efforts

    Military troops

    Niger Delta Operations: Troops Arrest 35, Recover Arms and Stolen Oil

    Recent Posts

    • Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara
    • UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication
    • Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia
    • Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other Terrorists
    • Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children Crisis
    • Home
    • About
    • Adverts
    • Contact
    © 2020 PRNigeria. All Rights Reserved.
    Latest News
    Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, ZamfaraUNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of CommunicationKano Separated Conjoined Twins Return Home After Successful Surgery in S/ArabiaCourt Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other TerroristsKano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children CrisisPolice Chief Tasks Border Patrol Commanders on Enhanced SecurityAir Chief Links Fiscal Discipline to Nigeria’s National Security, Operational ReadinessArmy Arrest Notorious Cattle Rustlers, Recover Arms in PlateauTroops Repel Bandits’ Attacks in Kaduna, Katsina, Recover Rustled CattleMining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri Idakwo LarubaNIPR Inducts 422 New Members, Urges Commitment to National UnitySowore’s Provocation, Onanuga’s Plea and the DSS OverreachNigerian Troops Intercept Ransom Money, Recover 160 Rustled CattlePolice Nab 'Obi of Lagos,' Foil ₦1.5 Billion New Palace FraudRenewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id
    X whatsapp