Unexplained wealth hindering Nigeria’s progress — Wahab Shittu
A Senior Advocate of Nigeria, Wahab Shittu, says Nigeria’s progress is hindered by unexplained wealth, which allows the nation’s resources to be siphoned. Read More: https://punchng.com/unexplained-wealth-hindering-nigerias-progress-wahab-shittu/
Nigerian lawyer Wahab Shittu has expressed concern that unexplained wealth is impeding the nation's progress. Speaking at the launch of his three-volume book, "Unexplained Wealth: A Trilogy of Nigerian Financial Law," Shittu noted that while Nigeria possesses abundant human and natural resources, much of its wealth is being secretly diverted.
He emphasized that if the country establishes a system to recover unexplained wealth, it would experience advancement. Shittu criticized the wrongful prosecution of innocent individuals and stressed that while wealth acquisition isn't a crime, illicit acquisition is indefensible. The book, a first of its kind in Africa, aims to guide anti-corruption agencies and provide a legal framework for prosecuting those involved in illicit wealth acquisition.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
