• Nigeria’s stolen $200bn in foreign banks – Ex-CBN chief

    Nigeria’s stolen $200bn in foreign banks – Ex-CBN chief

    A former deputy governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, has said that about $200 billion out of $700-$800 billion of stolen wealth stashed in foreign banks, is suspected to be from Nigeria.

    He said the amount of illegal monies taken out of developing world can resolve most developmental challenges bugging the victim countries.

    Mailafia advocated for amnesty for corrupt Nigerians to repatriate money stashed in foreign lands back into the country, saying such can trigger economic boom […]