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 legal expert Wahab Shittu has criticized unexplained wealth as a hindrance to the nation's progress. Speaking at the public presentation of his three-volume book, "Unexplained Wealth: A Trilogy of Nigerian Financial Law", Shittu stated that while Nigeria is blessed with human and natural resources, much of its wealth is being siphoned away through unexplained means.
He emphasized that if the country had a mechanism to recover such wealth, Nigeria would progress. Shittu also criticized the prosecution of innocent individuals, stating that being rich is not a crime, but illicit acquisition of wealth is indefensible. The book, the first of its kind in Africa, aims to guide anti-corruption agencies and provide a framework for prosecuting those guilty of illegal acquisition of wealth.
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