$9.6bn Judgment: What President Buhari Told UN About P&ID Case

Yesterday in New York, President Muhammadu Buhari joined other World Leaders to address the United Nations Climate Action Summit.

President Muhammadu Buhari warned on Tuesday that Nigeria would not tolerate attempts by persons and organisations he called international criminals to defraud the country.

He also stressed that his administration would sustain its anti-corruption fight. Buhari cited the Federal Government’s prosecution of Process and Industrial Development over the controversial $9.6bn judgment it obtained from a London court against Nigeria as an example of “a scam.”

He was speaking at the General Debate of the ongoing 74th Session of the United Nations General Assembly in New York. Buhari told the session that the world was facing various crises, including financial crimes, and called for collective efforts by all countries to address the problems.

He stated, “Organised criminal networks, often acting with impunity across international borders present new challenges where only collective actions can deliver genuine results. “This is true in the battle against violent extremism, against trafficking in people and drugs and against corruption and money laundering.

“The present Nigerian government is facing the challenges of corruption head-on. We are giving notice to international criminal groups by the vigorous prosecution of the P&ID scam attempting to cheat Nigeria of billions of dollars.”

The President’s speech also touched on the social media, blaming them for promoting crimes and mass killings. He also held technology companies responsible for helping the social media to fuel crises.

He noted, “They cannot be allowed to continue to facilitate the spread of religious, racist, xenophobic and false messages capable of inciting whole communities against each other, leading to loss of many lives. This could tear some countries apart.”

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