Thursday, August 5, 2010

Obama Agrees to Repatriate African "Loot" Hidden in the U.S.


 AG Eric Holder spoke these words to the African Union Summit in Uganda on July 25, 2010:
I’m pleased to announce that the U.S. Department of Justice is launching a new Kleptocracy Asset Recovery Initiative aimed at combating large-scale foreign official corruption and recovering public funds for their intended – and proper – use: for the people of our nations. We’re assembling a team of prosecutors who will focus exclusively on this work and build upon efforts already underway to deter corruption, hold offenders accountable, and protect public resources.
Click here for Holder's full speech. (Wish Holder would wax as poetically about America as he does about Africa.) You can also download the DOJ's National Asset Forfeiture Strategic Plan 2008 - 2012

By Murerai Kihia
The Standard, Nairobi, Kenya
July 31, 2010

Recent announcement by US President Barack Obama that his administration would seize money stolen by African dictators from their countries’ coffers and hidden in the US is welcome.

This will send a strong message to African leaders that the days of looting their countries and ‘exporting’ their wealth to the West are Over.

Hopefully, other countries in the West will follow the example of the US and seize any proceeds of corruption from Africa and repatriate it.
Read more . . .

Also see:
Kleptocrats Be Warned, Daily Nation

Trade partners should join US action on looters, The Standard

Now if only Obama would repatriate himself to Kenya.