Eliminate Safe Havens For Stolen Assets, Funds, Nigeria Tells UN

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Nigeria has called for the elimination of safe havens for stolen assets and illicit financial flows to free up resources for sustainable development, Permanent Representative to the UN, Amb. Tijjani Bande, said

Bande made this known at an ‘Interactive Dialogue for Sustainable Development’ at the Economic and Financial Committee of the UN General Assembly in New York.

He then called for the unconditional return of such assets and funds to their countries of origin.

The Nigerian envoy said: “In this regard, it is important that safe havens that create incentives for the transfer of stolen assets and illicit financial flows abroad are eliminated.

“The return of such assets and funds will certainly aid our ongoing sustainable development efforts.”

He said Nigeria believed that sustainable development required the galvanisation of urgent common efforts, a reinvigorated global partnership, and an enabling environment at all levels.

He called for the creation of appropriate global development partnership, balanced against the increased emphasis on domestic resource mobilisation.