Legal Nigeria

Why Stolen Funds Won’t Pass Through Our Banks – US

Reaffirming support to help Nigeria in fighting all forms of corruption, the United States (US) government has said that it would offer technical assistance and training for investigators and prosecutors on money laundering, pledging that it would ensure that no stolen funds were laundered through its banking system.
The US ambassador to Nigeria, James Entwistle, who said this during the 239th US Independence celebration in Abuja, said that America had continued to maintain a robust engagement in Nigeria for many years, noting that the US partnership with Nigeria “runs deep.”
He stated that his country would support the growth of Nigerian power sector by assisting companies to build more electricity infrastructure, especially, environmentally-friendly power generation.
According to him, the two countries have over the years, worked together on a host of issues on elections, security, the Niger Delta, fighting infectious disease, and spurring broad-based, inclusive economic growth, among others.
The envoy encouraged Nigeria on the fight against Boko Haram urging them to secure and rebuild the north-east while the US would continue to help in every appropriate way.
“As you lead the effort to provide humanitarian aid to those driven from their communities and help them return home, we assist with food, medical care, and education programme.
“As you continue privatisation of your power grid, through President Obama’s Power Africa initiative, we stand ready to, among other things, help companies invest in building more electricity infrastructure, especially environmentally-friendly power generation.
As you increase your commitment to healthcare and education, we support those efforts too,’’ he added
Credit : Leadership