At the 3rd Annual National Prosecutors’ Conference in Lusaka, Zambia, Dr. Musa Adamu Aliyu, SAN, made a strong case for stiffer anti-corruption measures, stressing that those who engage in financial crimes should not be allowed to enjoy the proceeds of their wrongdoing.
According to him, the greatest deterrent to corruption lies in ensuring that looters lose both the funds and the benefits attached to their actions. “If the corrupt know that if you steal, you are not going to benefit, they will start having second thoughts,” he stated.
His remarks come at a time when debates around asset recovery, plea bargaining, and the slow pace of prosecution continue to dominate Nigeria’s anti-graft discourse. Stakeholders argue that many high-profile corruption cases drag on for years, giving room for suspects to exploit legal loopholes while still enjoying their illicit wealth.
Beyond forfeiture of stolen assets, experts believe that stricter enforcement, speedy trials, and effective protection for whistleblowers are necessary to strengthen the justice system. There are also calls for governments across Africa to harmonize anti-corruption frameworks to prevent safe havens for looted funds.
The Lusaka conference, which brought together prosecutors and legal experts from across the continent, provided a platform for sharing strategies on tackling financial crimes, money laundering, and cross-border corruption.
Stone Reporters News gathered that the administration’s focus on exchange rate stability, macroeconomic predictability, and regulatory reforms has reinforced investor confidence, contributing to Nigeria’s rising capital market prominence.
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