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| John Kerry and Buhari |
US Secretary of State, John Kerry while addressesing the World Economic Forum in Davos, Switzerland, has made a reference to President Muhammadu Buhari’s anti-corruption war.
Kerry in his speech has reacted to the news that Nigerian politicians pocketed money meant for the purchase of arms meant for the fight against the insurgency.
He said: “When Nigeria’s President, Buhari, took office last spring, he inherited a military that was under-paid, underfed and unable to protect the Nigerian people from Boko Haram. One reason is that much of the military budget was finding its way into the pockets of the generals. And just this week, we saw reports that more than 50 people in Nigeria, including former government officials, stole nine billion dollars from the treasury.”
US secretary of state added that money was diverted by generals in the most populous black nation in the world.
“Corruption costs global economy more than a trillion dollars a year and complicates every security, diplomatic, social priority,” Kerry said.
“In far too many countries, plain rank corruption has generated such powerful headwinds that local economies just tread water. Today, corruption has grown at an alarming pace and threatens global growth, global stability, indeed the global future.”
“There is absolutely nothing more demoralizing, disempowering to any citizen than the belief the system is rigged against them. Corruption is a radicalizer because it destroys faith in legitimate authority.”
He stated that about three trillion is lost to corruption a year.
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