Stolen funds: Buhari acknowledges Britain, Switzerland’s support

President Muhammadu Buhari on Tuesday expressed delight at what he called the renewed support from Britain and Switzerland for the recovery and repatriation of public funds stolen from Nigeria.

According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while granting audience to the new British and Swiss Ambassadors, who were at the Presidential Villa, Abuja to present their letters of credence.


Buhari disclosed that British, Swiss and other foreign anti-crime agencies had already given his administration much help.

The help so far received, he explained, included relevant information and intelligence on public funds that were stolen and illegally transferred to personal bank accounts by officials of past administrations.

Buhari however appealed to the authorities of these countries to speed up the processes of investigation, prosecution and repatriation of Nigerian funds stolen by corrupt public officials and their accomplices.

He said, “Switzerland and Britain have been very helpful indeed in the recovery of our assets. But we must build on what we have started.

“It is also important to send a signal to the elite that it is no longer business as usual. I personally appreciate the efforts of Prime Minister David Cameron on this issue.

“He has honoured his commitments to us. He promised to support our government to build a strong and dynamic economy and he has been faithful to his words,” the President told the new British High Commissioner, Mr. Paul Arkwright.

Arkwright, in his response, assured the President of Britain’s preparedness to give Nigeria full support and assistance in the recovery of its looted resources.

“We are most ready to help. We have a good team at the National Crime Agency working with your Economic and Financial Crimes Commission. Tell us where and how we can help and we will provide the assistance,” the British High Commissioner assured the President.

Buhari also welcomed assurances from the new Swiss Ambassador, Mr. Eric Mayoraz, that his country will expedite action on the repatriation of millions of dollars stolen by Nigerian public officials and still held in Swiss Banks.

He said he would direct officials of the relevant ministries to work with the country to achieve the objective.

“I am very pleased and we will get our Ministry of Justice and the Ministry of Foreign Affairs to work with you to ensure that all the stolen funds are returned safely to government coffers as quickly as possible,” the President told the Swiss Ambassador.

Buhari also received the letters of credence of the Ambassador of the State of Palestine, Mr. Saleh Fhied Saleh, the Ambassador of Myanmar, Mr. Tha Aung Nyun and the Ambassador of Slovakia, Mr. Peter Holasek.