It is a common knowledge that Nigeria, like many other countries in Africa suffers severe leakage of its public resources through corrupt means. Public funds that could be better used to address critical sectors for national development, such as health, education, electricity, roads, and other infrastructural projects for the social, political and economic well-being of the country are diverted by some Politically Exposed Persons (PEPs) and Civil Servants. The Proceeds of such crimes are often times hidden in foreign safe havens or are used for the acquisition of private property within and outside Nigeria.
As a direct response to the situation, the Africa Network for Environment and Economic Justice, ANEEJ has designed a project entitled “Tackling corruption through improving transparency in property ownership”. One of the objectives of the project is to promote relevant policies that limit the capacity of politically exposed persons and their collaborators to acquire property with proceeds of crime and through corrupt practices.