PRESIDENT Muhammadu Buhari have unveiled a 10-point plan aimed at eliminating corruption from Nigerian public life which he plans to roll out tomorrow when he attends a global anti-corruption summit in London.
Tomorrow, President Buhari is due to participate in an international anti-corruption summit in London being hosted by British prime minister David Cameron and World Bank president Jim Yong Kim. During the summit, which will be attended by several other world leaders, President Buhari will deliver a keynote address titled Why We Must Tackle Corruption Together.
Details of the measures President Buhari intends to unveil at the summit include sending a list of corruption convicts and suspects on trial to the United Kingdom and many other countries and sending a bill to the National Assembly on mutual assistance in criminal matters, which will encourage collaboration with other nations. Two other bills on Proceeds of Crime and the Nigeria Financial Intelligence Centre will also soon be sent to the National Assembly.
Furthermore, the president has proposed lifting the veil on corporate ownerships to disclose the true owners of corporate vehicles in contract bids and procurement. President Buhari's spokesman Mallam Garba Shehu, said all these new anti-graft measures are contained in his roadmap which he will present to the London summit.
Measures outlined in the 10-point plan include:
[1] Greater fiscal transparency and the enforcement of anti-corruption laws in the oil sector
[2] Improvement of anti-corruption laws
[3] Stringent measures against corruption in corporate governance
[4] Enactment of Mutual Assistance in Criminal Matters Bill, 2016
[5] Restriction of the ability of those who have looted public funds from travelling and investing the proceeds of their corruption in developed countries
[6] Developing lists of those who have been convicted as well as those already prosecuted in Nigerian courts and sharing same with other countries
[7] Contracts within a certain threshold will be published and those behind the companies bidding for the contract to be listed for public scrutiny both at national and state levels
[8] Officers working in budget offices and those responsible for approving public spending may henceforth be properly scrutinized, monitored and required to declare their assets regularly
[9] New bills on Proceeds of Crime and Nigeria Financial Intelligence Centre for the National Assembly soon
[10] New regulation that will authorise the Corporate Affairs Commission (CAC) to obtain information on beneficial ownership of foreign companies is also in the works
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