I know politicians who have suddenly become billionaires - Rotimi Amaechi

I know politicians who have suddenly become billionaires - Rotimi Amaechi

- A former minister of transportation, Rotimi Amaechi, accuses some politicians of diverting money that should have been used to improve the lives of the people

- Amaechi says politicians have to be clear about how they intend to lift the Nigerian people out of poverty

- The statement by the former minister comes shortly after Transparency International (TI) put the police as the most corrupt institution in Nigeria

A former minister of transportation, Rotimi Amaechi, says he knows some politicians who became instant billionaires through money they acquired in politics.

The ex-minister made the claim when speaking at the fifth edition of the Nigeria symposium for young and emerging leaders held in Lagos on Friday, July 12, The Cable reports.

He said the funds stashed by some politicians could have been used to invest in infrastructure and create jobs in order to make crime less attractive.

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“I know politicians who have suddenly become billionaires, and this is the money that should have been used to build roads and provide amenities that could have been used to improve the lives of citizens,” he said.

“Our politicians have to be clear about how they intend to lift people out of poverty.”

Several Nigerian politicians have been accused of looting monies meant for public use, recently a survey by the Transparency International (TI) put the police as the most corrupt institution in Nigeria, followed by the country’s parliament and the judiciary.

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Premium Times reported that while releasing the survey on Thursday, July 11, Transparency International said corruption was hindering Africa’s economic, political and social development.

Meanwhile, Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission ( EFCC), on Thursday, July 11, said that the agency is at war with powerful forces in its crusade against corruption.

Magu stressed that despite stiff challenge from corrupt persons and gangs in the country, the agency is fixed on defeating corruption.

The EFCC's boss said that it is tough to recover stolen funds and assets deposited in foreign bank accounts.

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Source: Legit

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