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Home Business News Politics

Your Stolen Funds Will Not Pass Through Our Banks – US Envoy

Editor by Editor
July 6, 2015
in Politics
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Barack Obama.

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  • In re-assuring its support to help Nigeria in fighting all forms of corruption, the United States (US) Government has said that it would offer technical assistance and training for investigators and prosecutors on money laundering, pledging that it would ensure that no stolen funds were laundered through its banking system.
  • The US Ambassador to Nigeria, James Entwistle, who made this disclosure during his country’s 239th Independence Anniversary Celebration on Saturday in Abuja.

“As you fight corruption, we offer technical assistance, training for investigators and prosecutors, and a commitment to ensure that no stolen funds are laundered through our banking system. As you improve the business climate, we encourage trade and investment.

  • He stated that his country would support the growth of Nigerian power sector by assisting companies to build more electricity infrastructure, especially, environmentally-friendly power generation.

“As you continue privatisation of your power grid, through President Obama’s Power Africa initiative, we stand ready to, among other things, help companies invest in building more electricity infrastructure, especially environmentally-friendly power generation.

  • Entwistle said Nigerians have no better friends than the Americans.

His words: “As I told President Jonathan when I arrived in Nigeria in November 2013, and as Secretary Kerry told President Buhari when they met immediately after the presidential inauguration (and, as I am sure President Obama will tell President Buhari directly when he receives him in the Oval Office at the White House on July 20), the people of Nigeria have no better friend than the United States.”

 

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