Prof. Bolaji Owasanoye
Presidential Advisory Committee Against Corruption, Nigeria
Nigeria, Federal Capital Territory, Abuja,
PACAC (Nigeria) was established in 2015 as part of the President’s strategy to combat corruption in Nigeria. Its mandate includes promoting reform agenda in anti-corruption, advising on the prosecution of the war against corruption and implementation of reforms in criminal justice system.
For a better tomorrow, we must extinguish corruption today
Corruption has negatively redefined our nation. It has facilitated crimes such as insurgency, kidnapping, pipeline vandalism, cattle rustling, human trafficking, drug peddling and egregious economic and financial crimes.
Failure of leadership , a weak judiciary, weak democratic institutions, safe havens for money laundering in developed countries, unfavourable conditions for asset recovery and widespread impunity have all contributed to widespread corruption.
Nigeria joins the international community to say ‘enough’. Today’s children and youth deserve a better tomorrow. A safe, stable and prosperous future is and should rightly be the vision of every nation.
The global citizen must see the restoration of integrity in public life as a personal struggle. Leaders must help citizens connect with and condemn the negative effects of corruption. To do so, there must be access to information within and between states, a free press and protection for whistle-blowers.
The international dimension of the struggle demands that the walls of safe havens for corruption must be pulled down. Global leaders and the international community should no longer watch as financial institutions innovate to promote corruption and illicit financial flows from the poor to the rich.
Stolen and illegally transferred assets – through inflated contracts, disgorged profits, evaded tax, overpriced imports, under-priced exports – belonging to poor developing countries traced to the vaults of financial institutions in rich developed countries must be returned without delay to the real victims of corruption. Citizens in rich and poor countries must voice their outrage to corruption and the abuse of public trust for private gain and be empowered and allowed to do so.
We stand with the international community and commit to open society, rule of law and democratic values.