President Muhammadu Buhari has said that corruption is a serious threat which doesn't differentiate between developed and developing countries.
Buhari spoke at the conference on Wednesday, May 11, 2016, and described corruption as a “hydra-headed” monster.
He noted further that corruption is a serious threat which doesn't differentiate between developed and developing countries.
Buhari’s comments came a day after British Prime Minister, David Cameron described Nigeria as fantastically corrupt.
“We had a very successful cabinet meeting this morning. We talked about our anti-corruption summit. We've got...leaders of some fantastically corrupt countries coming to Britain,” Cameron said while speaking with the Queen during an event in Buckingham Palace on Tuesday, May 10.
“Nigeria and Afghanistan are possibly two of the most corrupt countries in the world,” he added.
Cameron has been severely criticized for his comments, which, though true, also indict the United Kingdom for harbouring a large chunk of Nigeria’s stolen wealth.
This point was raised by anti-corruption agency, Transparency International via a statement released in Nigeria’s defence.
“There is no doubt that historically, Nigeria and Afghanistan have had very high levels of corruption, and that continues to this day. But the leaders of those countries have sent strong signals that they want things to change, and the London Anti-Corruption Summit creates an opportunity for all the countries present to sign up to a new era,” the statement, signed by its Managing Director, Cobus de Swardt, read.
“This affects the UK as much as other countries: we should not forget that by providing a safe haven for corrupt assets, the UK and its Overseas Territories and Crown Dependencies are a big part of the world’s corruption problem,” it added.
Nigeria’s corruption problem is now the world’s corruption problem because the country’s stolen wealth has been scattered abroad.
Money stolen by former dictator, Sani Abacha, has been located in several countries around the world including the UK, US, Switzerland, Liechtenstein and Channels Island and that is just one person.
The developed world cannot validly point fingers at Nigeria for being corrupt until it has ensured that it is not aiding and abetting same by harbouring stolen monies.
As Buhari said in reaction to Cameron’s comments, ‘Don’t apologize to us, just return our money’.
Watch video of Buhari's response to Cameron below: