Home Politics Only Corrupt Foreign Investors Departed from Nigeria When Buhari Took Over- Sagay

Only Corrupt Foreign Investors Departed from Nigeria When Buhari Took Over- Sagay

Chairman of the Presidential Advisory Commitee Against Corruption (PACAC), Prof. Itse Sagay (SAN), on Wednesday said that the claim by Ex-President Goodluck Jonathan that foreign investors have fled the Nation, since President Muhammadu Buhari took over is untrue.

Speaking to Newsmen, Sagay said only corrupt foreign investors who hugely benefited from the corrupt administration of Jonathan fled the country having realized that it is no longer business as usual.

“There are some investors who only operate in an atmosphere of corruption. They have nothing good to offer Nigeria. All they want to do is just to loot and entrench corrupt practices with the assistance of officials in government whom they have bribed.

“So, it is a company of corrupt people, both foreign and local who operate in those circumstances. You must have heard of illicit financial flows. That was how it happened.

“They cooperate with these foreign investors to loot the country of her resources, inflating their costs and at the same time reducing the amounts they are to pay so that at the end of day, they leave the country with a lot of resources and under develop the country and get away with it.

He said, “Only investors of that like, can say they are no longer coming because we have an honest government in place.”

Michael Oyaide
Michael Oyaidehttps://360aproko.com
Michael Oyaide is an enthusiast of writing, a great entrepreneur and musician.

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