Stinging criticisms from Sweden! By Donu Kogbara
Summarized and contextualized by DistantNews.
At a glance
- A Stockholm-based platform criticizes British complicity in Nigerian corruption.
- The platform highlights London as a major hub for laundered funds, citing estimates of billions laundered annually.
- It argues that British institutions, including banks and legal firms, facilitate the flow of illicit wealth from Nigeria.
Kio Amachree, president of Worldview International, a Stockholm-based diaspora accountability platform, has launched strong criticisms against Nigerian President Bola Tinubu and his associates, labeling Britain as complicit in Nigerian corruption rather than a neutral bystander.
Britain Is Not a Bystander to Nigerian Corruption. Britain Is the Bank.
Amachree asserts that London functions as a "bank" for looted funds, a claim supported by estimates from Britain's National Crime Agency. These estimates suggest over ยฃ100 billion is laundered through or within the UK annually, with up to ยฃ10 billion potentially flowing through the London property market each year. Amachree argues that for decades, Nigeria's stolen wealth has consistently moved through this "laundromat."
The silence of the rest is not neutrality, it is complicity, and I am done pretending otherwise.
He points to historical examples, such as Diepreye Alamieyeseigha, who was found with large sums of cash and significant London real estate holdings. The article also references investigations that have identified UK property linked to over a hundred wealthy and politically exposed Nigerians. Amachree contends that each of these transactions involved a British counterparty, including bankers who onboarded clients and solicitors who handled property conveyances.
I have spent the past year doing what British journalism and British government were supposed to do themselves. I documented. I cited court records.
Despite attempts to engage with various British institutions, including newspaper editors and government ministers, Amachree reported receiving no substantive responses, with the exception of the Serious Fraud Office. He interprets this silence not as neutrality but as complicity, suggesting a systemic issue within the UK's financial and governmental bodies regarding the handling of illicit Nigerian funds.
The Thieves and the Receivers: There is an old principle in English law that the receiver of stolen goods is as guilty as the thief.
Originally published by Vanguard. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.