Sanusi: You Can’t Win Corruption War Without Sanctions, Monitoring

Emir-Sanusi-LamidoThe Emir of Kano, Alhaji Muhammadu Sanusi II, has declared that the war against corruption launched by the Federal Government can be won in six months if there are appropriate sanctions for offenders and monitoring of corrupt cases by the media.

The former Governor of the Central Bank of Nigeria (CBN) spoke yesterday through the Sarkin Shanun Kano, Alhaji Shehu Mohammed, at an “International Conference on Tax Havens and the Developing World: The Global Dimension” organised by Centre for General Studies in collaboration with office of International Programmes, University of Ibadan (UI).

He identified lack of discipline, lack of sanctions, lack of monitoring and evaluation of corrupt cases as the four major problems aiding high level of corruption in Nigeria and other developing countries in Africa and Asia in general.

The emir, who regretted that most companies and individuals who are supposed to pay taxes in developing countries in Africa and Asia hide under the guise of tax heaven to avoid payment, noted corruption as the biggest problem encouraging tax heaven to thrive.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s