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NairaMan Forum / Politics / President Buhari has failed in his anti-corruption fight, Falana declares (1 Post | 257 Views)
President Buhari has failed in his anti-corruption fight, Falana declares by yungcrae(: 7:00 pm On Nov 22, 2016
Popular human rights lawyer, Femi Falana (SAN), has stated that the much touted anti-corruption fight of President Muhammadu Buhari has been a failure.
Human Rights lawyer, Femi Falana says President Buhari’s anti-corruption campaign has been a failure
According to The Authority, Falana made the comment while speaking at the 4th Convocation Lecture of Oduduwa University, in Ile Ife Osun state.
The fiery lawyer also warned President Buhari against the proposed $29.9 billion loan the federal government seeks to borrow from China.
According to Falana, only 50 percent of the loan amount will ever arrive Nigeria, while future generations will be straddled with the responsibility of paying the loan.
Falana advised President Buhari to instead use monies recovered from ex-government officials to attend to economic issues.
His words: “Curiously, the Buhari administration has failed to address capital flight and round tripping by financial institutions, otherwise why has the government been reluctant to ask EFCC to recover and sanction the oil and shipping companies which under declared the crude oil worth billions of dollars shipped from Nigeria, under the Jonathan administration?
“Why has the federal government failed to recover the $20.2 billion withheld from the Federation Account by the NNPC and some oil companies from 1999-2012?
“Why has the federal government not inquired into the allegation that the sum of $25.4 billion was laundered and illegally taken out of Nigeria by a telecommunication company?
“Why has the government failed to recover the looted wealth of the nation which has been traced to financial institutions in the west and the United Arab Emirates?”
“Why has the CBN failed to recover the $7 billion deposit and N600 billion bailout given to the commercial banks in 2006 and 2008 respectively? Instead of intensifying efforts to recover such huge funds among several others,the government is determined to take a loan of $29.6billion”.
Last week, Falana urged President Buhari to release former national security adviser Colonel Sambo Dasuki (rtd) as soon as possible.
In a statement released on Sunday, November 13, Falana said it was time that the president checked human rights abuses under his administration and a good way to start is to release Dasuki who has been in jail for over a year despite court orders for his release.
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