‘$100bn stolen from Africa yearly’

Punch Newspapers – Latest News

African Heads of State have been urged to stop the theft of over $100bn representing some 25 per cent of Africa’s Gross Domestic Products, stolen every year from the continent by local and international collaborators.

The stolen funds were said to be enough to transform Africa in one year into one of the most beautiful continents where good roads, social security, access to health and education are provided for the teeming population currently ravaged by poverty, famine and hunger.

These were the demands by participants at the 33rd Anti-Corruption Situation Room conference held in Abuja with support from the MacArthur Foundation where they also called for an International Anti-Corruption Court that would prosecute Africans who steal public funds.

According to them, countries in Europe and America that receive such illicit funds should also be prosecuted.

The conference organised by the anti-corruption organisation, Human and Environmental Development…

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