72 Views

British Government Set To Publicly Declare Nigerian Property Owners In 2018!!

The British Government will reveal to the FG information about Nigerians who own property in that  country  next year, a presidential aide has said.

Prof. Bolaji Owosanoye, Executive Secretary, Presidential Advisory Committee against Corruption, told the correspondent of the News Agency of Nigeria (NAN) in New York that negotiations on this had reached an  advanced stage.

Owosanoye said the measure being taken by the governments of both countries was a “huge” step in the fight against corruption.

“There’s no doubt that rogues in government oppress and impoverish their people by corruption and this must be sanctioned by collective action.

“We need to make sure that there is no safe haven for you (corrupt officials) to run to.

“Britain has promised that by 2018, she will provide Nigeria with the information about who owns what and where; that’s very helpful.

“These include all the houses that have been bought by public officials or accounts that are held by public officials on which they are right now not paying taxes or which they cannot explain the sources.

“So if you cannot buy a house in England, you have to look for somewhere else.

“But if all countries criminalise this, then it becomes much more difficult unless you want to buy the house on Mars,” he said.

The presidential aide also explained that Nigeria and other African countries, who are victims of illicit financial flows, must challenge developed countries to block illicit financial flows from developing countries.

“Receiving states – the countries of the North – need to be proactive to block the proceeds of crime even before a request is made by victim countries.

ALSO READ  Meet The 30-Year-Old New Commissioner In Anambra State

“This is because, in many situations, it is clear that illegality is taking place.

“We think that reversing the burden of proof to improve the confiscation of criminal proceeds of crime would help, especially when we are going after the asset and not necessarily the person.

“If the person who claims to own the asset would not cooperate in giving information, then this should be a point in favour of the state,” Owosanoye said.

He contended that the burden of proof for criminal proceeds should shift to the suspect and not the government, citing the case of a former Managing Director of the Nigerian National Petroleum Corporation (NNPC).

“A former Managing Director of the NNPC was found with nine million dollars cash and over 70 million naira in his house in a small place he has built.

“He said the money is a gift. He was asked if he could tell the very generous angels who gave him this money.

“He’s not been able to provide that information. That sort of disposition should be used to penalise a claimant of asset who cannot justify the origin of the asset.

“The proposed “Unexplained Wealth Order in England,’’ which hopefully we were told would pass through the legal process this year, should really help to deepen the conversation in this regard.

“It (Unexplained Wealth Order) would help to quickly recover assets,” the presidential aide said.

Owosanoye said available research records showed that about 60 per cent of capital flight from Africa came from Nigeria because of the size of its economy.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Super Eagle’s Player, Kenneth Omeruo & His Beautiful Wife, Chioma Step Out For Church Thanksgiving
Romance and Love
Romance and Love

Super Eagle’s Player, Kenneth Omeruo & His Beautiful Wife, Chioma Step Out For Church Thanksgiving

MT - January 22, 2018

Kenneth Omeruo and Chioma Nnamani who married in December 2017, stepped out in style today for thanksgiving in Church. One is dressed for cold weather and the…

“See My Face” – Davido Says As He Shares Adorable Photo Of His Second Daughter, Hailey
Entertainment
14 views
Entertainment
14 views

“See My Face” – Davido Says As He Shares Adorable Photo Of His Second Daughter, Hailey

MT - January 22, 2018

Davido took to his Instagram page to share a beautiful photo of his daughter, Hailey Veronica Adeleke. He shared the photo with the caption: "Hailey baby! See my…

PHOTOS: Electric Tesla Model S Spotted In Abuja, Nigeria
Technology
24 views
Technology
24 views

PHOTOS: Electric Tesla Model S Spotted In Abuja, Nigeria

MT - January 22, 2018

There is absolutely no brand of luxurious car that you will not find in Nigeria, name it all - from Bentley to Mercedes to Rolls Royce -…

President Buhari Congratulates Obasanjo For Bagging PhD
Politics
54 views
Politics
54 views

President Buhari Congratulates Obasanjo For Bagging PhD

MT - January 21, 2018

President Muhammadu Buhari has congratulated former President Chief Olusegun Obasanjo for bagging a doctorate degree at the National Open University(NOUN).Buhari, who was the visitor at 7th Convocation…

Why My Daughter Donated Money To Kemi Olunloyo’s Medical Fund – Comedian, Seyi Law  
Entertainment
58 views
Entertainment
58 views

Why My Daughter Donated Money To Kemi Olunloyo’s Medical Fund – Comedian, Seyi Law  

MT - January 21, 2018

Comedian Law and his daughter, Tiwa Comtroversial journalist and daughter of former Oyo state governor, Kemi Olunloyo, was released from the Port Harcourt Maximum Prison, few days…

How I Fainted After Being Robbed By Okada Man In Lagos; Lady Narrates. [Photos]
Shocking
149 views
Shocking
149 views

How I Fainted After Being Robbed By Okada Man In Lagos; Lady Narrates. [Photos]

MT - January 20, 2018

A lady identified as Amarachi Azubuike, has recounted her horrific ordeal at the hands of a motorcyclist a.k.a Okada man who robbed her and threatened to rape…

Singer Simi Plays Chief Bridesmaid Role As Her Mum Remarries
Entertainment
140 views
Entertainment
140 views

Singer Simi Plays Chief Bridesmaid Role As Her Mum Remarries

MT - January 20, 2018

Early this year, there was a viral report that Ms. Jedidiah Ogunleye 'Love don't care' crooner,  Simi's mum will be getting married this January. Ms. Jedidiah Ogunleye and her…

Davido Buys iPhone For Friends To Celebrate The Release Of Umarudeen Kayode
Entertainment
131 views
Entertainment
131 views

Davido Buys iPhone For Friends To Celebrate The Release Of Umarudeen Kayode

MT - January 20, 2018

Dmw Boss Davido puts smile on alot of his crew member and friends Face by even going far to get them an iphone X just to celebrate…

Anti-open Grazing: Why APC Governors Are Begging Ortom To Reverse The Law
Politics
151 views
Politics
151 views

Anti-open Grazing: Why APC Governors Are Begging Ortom To Reverse The Law

MT - January 20, 2018

Governor Samuel Ortom of Benue State is under intense pressure to prevail on the state assembly to repeal the antigrazing law, which had become a sore point…

What Could President Buhari Have Told This APC Chieftain That Got Him This Way? (Photo)
Politics
133 views
Politics
133 views

What Could President Buhari Have Told This APC Chieftain That Got Him This Way? (Photo)

MT - January 20, 2018

President Muhammadu Buhari had this man laughing during the dinner hosted for APC Party Chieftains in State House yesterday.

Photos Of American-Nigerian Rapper, Jidenna Smoking Heavily
Entertainment
110 views
Entertainment
110 views

Photos Of American-Nigerian Rapper, Jidenna Smoking Heavily

MT - January 20, 2018

Caption This Adorable photo of Jidenna smoking Heavily Any caption?

Yewande Adekoya Celebrates Her 35th Birthday With Makeup Photos
Entertainment
97 views
Entertainment
97 views

Yewande Adekoya Celebrates Her 35th Birthday With Makeup Photos

MT - January 20, 2018

Actress Yewande Adekoya Stuns In New Makeup photos As She Celebrates 35yrs birthday Today. Yewande Adekoya (born 20 January 1983), is a Nigerian actress, filmmaker, director and…

Why Your Smartphone Can Make Emergency Calls Without A SIM Card
Technology
91 views
Technology
91 views

Why Your Smartphone Can Make Emergency Calls Without A SIM Card

MT - January 20, 2018

If you're an active mobile phone user, you will notice that your phone can actually make emergency calls without any SIM. I know you must be wondering…

PHOTOS: Inside Jubilee Syringe Manufacturing Factory In Onna, Akwa Ibom
Best of Nigeria
84 views
Best of Nigeria
84 views

PHOTOS: Inside Jubilee Syringe Manufacturing Factory In Onna, Akwa Ibom

MT - January 20, 2018

Today the Honourable Commissioner for Information and Strategy Mr. Charles Udoh led print, online and broadcast media professionals to see some of the achievements recorded in the…

World: Cristiano Ronaldo’s Girlfriend Enjoys Playtime With The Twins And Newborn Baby
Sports
98 views
Sports
98 views

World: Cristiano Ronaldo’s Girlfriend Enjoys Playtime With The Twins And Newborn Baby

MT - January 20, 2018

Cristiano Ronaldo’s girlfriend Georgina Rodriguez has shared a sweet snap of herself with twins Maria and Mateo and newborn daughter Alana Martina. Despite having her hands full…

I Spoke To Arsene Wenger About Iwobi’s Punishment After Misconduct- Super Eagles Coach
Sports
84 views
Sports
84 views

I Spoke To Arsene Wenger About Iwobi’s Punishment After Misconduct- Super Eagles Coach

MT - January 20, 2018

Super Eagles coach, Gernot Rohr, has revealed that he reached out to Arsenal boss Arsene Wenger over Alex Iwobi’s disciplinary issues earlier this month. Iwobi attended a…

My Experience At Port Harcourt Maximum Prison – Kemi Olunloyo
Entertainment
112 views
Entertainment
112 views

My Experience At Port Harcourt Maximum Prison – Kemi Olunloyo

MT - January 20, 2018

No one ever prays to go to prison; however, for the popular blogger, Kemi Olunloyo, 2017 is a year that she would likely not forget in a…

13 Steps To Help You Bounce Back From Betrayal
How Tos
75 views
How Tos
75 views

13 Steps To Help You Bounce Back From Betrayal

PH - January 20, 2018

  We suffer quietly through disloyalty from a partner, friend, or family member, but this embeds harmful emotions deeply into our being. Our trust in others erodes…

Loading...