Buhari wants global help to fight corruption in oil sector

In from Ali Smart . . .
President Muhammadu Buhari on Saturday in Malta urged the international community to do more to support efforts towards curbing corruption in Nigeria’s oil and gas industry.
Speaking at a group meeting of Commonwealth leaders on corruption chaired by Prime Minister, David Cameron of Britain, President Buhari said corruption in the oil sector and outright theft of Nigeria’s crude oil had been exacerbated by the culture of impunity which reigned under previous administrations.
The President, in a statement by the Senior Special Assistant on Media and Publicity, Garba Shehu, said that corruption in the sector had also thrived because of the ease of transferring illicit funds abroad and the institutional protection given to corrupt officials in the past.

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“Now that we have the political will to stop impunity, we need the cooperation and assistance of the international community. We must all work together to compel multinational oil companies, international financial institutions and international shipping lines to stop aiding and abetting corruption in the oil sector in Nigeria,” President Buhari told the gathering which included the leaders of Australia, Canada, Singapore, Malta, Sri Lanka, Botswana and Trinidad and Tobago.
In his opening remarks at the meeting, Prime Minister Cameron said that the Commonwealth and the international community must do more to fight corrupt and promote good governance.
“Dealing with money laundering, dealing with beneficial ownership and making sure we stop stolen money being hidden away in developed countries is absolutely vital,” the British Prime Minister said.

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