Corrupt people use loots to bribe and disrupt justice
The VP also said with the Chief Justice’s new initiatives, there is certainly great hope that corruption cases will be concluded and concluded promptly.
Osinbajo made this known while speaking at the jointly organised workshop by the EFCC and the National Judicial Institute.
The workshop, which held at the National Judicial Institute in Abuja on Wednesday, October 25, 2017, had in attendance the Chief Justice of the Federation, Justice Walter Onnoghen amongst other judges.
Osinbajo said:"The enormous resources in the hands of perpetrators today is used to subvert justice, to bribe pliable senior government officials, to bribe in some cases judicial officers, to subvert the legislative process and, of course, even to subvert the press. The problem with corruption is that it is a cancer. It may be terminal if not checked. The failure of African States, civil wars and destruction of lives and livelihoods, is the result of failure of institutions largely caused by endemic systemic corruption."
Speaking further, the VP said: "There is no question at all that corruption is our nation’s single greatest challenge. Indeed the notion that security was a more serious challenge was exploded, when in the last administration, it became clear that the escalation of the Boko Haram insurgency in the Northeast was on account of the fact that billions of dollars allotted to the purchase of arms for our military, was cynically embezzled by senior military and civilian government officials.
"The reason why Nigeria built no major new roads or no new infrastructure in the last 6 years, despite earnings from oil in excess of $100 dollars a barrel, is largely because of corruption. In the last administration, two weeks before the elections, cash in excess of N100billion and over $250 million, was released in a few days ostensibly for security purposes. The aggregate sum released was more than some States earned in a whole year. That is the enormity of the embezzlement that we are talking about.
"Corruption threatens our security, health, education and even our corporate existence. GAVI, the global fund for provision of vaccines for the poorest in developing countries, stopped providing funds to Nigeria for alleged mismanagement of funds by the Ministry of Health officials between 2011 and 2013. Nigeria had to refund $2.2million. These were vaccines and drugs meant to fight AIDS, TB, and Malaria, amongst the poorest of the poor of our country," he said.
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