Human rights lawyer Femi Falana (SAN), says President Muhammadu Buhari and the other 51 African Heads of State exposed the continent to global ridicule in the campaign to stop $100bn illicit financial flow from Africa by begging China for $60bn infrastructure loan.
In a statement on Sunday by the Spokesman of Falana and Falana & Co, Tayo Soyemi, the Nigerian lawyer was quoted as saying this at the African NGO Forum which held in Banjul, The Gambia during the week.
The SAN said the Chinese loan was unnecessary; regretting that it could strengthen the ongoing substitution of European colonisation with Chinese colonisation in Africa.
His words: “It is regrettable that the heads of States of 52 African countries were at Beijing, China last month to beg for a $60 billion loan for the so-called infrastructural development of Africa for the next years.
“The loan is totally unnecessary if the African leaders are prepared “to halt the annual illicit financial flow of $100 billion from Africa.
“To stop the leaders from further exposing Africa to ridicule, I urge African NGOs “to link up with progressive political parties, trade unions and mass organisations. Otherwise, the ongoing substitution of European colonialism for Chinese imperialism by African rulers will continue,” he said