01/09/2026
29th August, 2026
President of the Court of Appeal Calls for Stronger Global Cooperation and Prompt Repatriation of Recovered Assets
The President of the Court of Appeal, Nigeria, Hon. Justice Monica Dongban-Mensem, CFR, has called for stronger international cooperation in the fight against economic crime and the prompt repatriation of recovered illicit assets to victim nations.
Justice Dongban-Mensem made the call in her Vote of Thanks at the closing of the 43rd Cambridge International Symposium on Economic Crime, held at Jesus College, University of Cambridge, from August 24 to 31, 2026.
The Symposium brought together experts from different jurisdictions, legal traditions and institutions to examine emerging challenges in economic crime, asset recovery and international cooperation.
The President expressed profound appreciation to Professor Barry Rider, OBE, and his wife, Mrs. Norma Rider, for their vision, intellectual leadership and enduring commitment to the Symposium, describing it as a distinguished global forum for confronting the complex challenges posed by economic crime.
She also expressed appreciation to the University of Cambridge and Jesus College for hosting the gathering.
Justice Dongban-Mensem urged participants to translate the insights and commitments generated at the Symposium into measurable action, stressing that combating economic crime requires persistence, courage, humility and sustained collaboration.
She noted that despite differences in legal systems and jurisdictions, participants remained united by the common objective of confronting economic crime while preserving justice, legitimacy and the rule of law.
According to her, contemporary asset recovery efforts must focus on tracing, freezing, confiscating and, where lawful, repatriating criminal assets, while ensuring that such measures respect fundamental rights and are grounded in due process.
She further called for more effective cross-border cooperation and timely exchange of information to enable authorities to follow illicit financial flows, particularly in the face of emerging threats such as cryptocurrencies, cybercrime, sophisticated fraud and environmental crime.
“Above all, we must make crime unprofitable,” the President stated, adding that illicit gains must not become instruments for further accumulation, influence or impunity.
Justice Dongban-Mensem also highlighted the critical role of accountants and auditors in safeguarding the integrity of the financial system. She observed that their position within the financial ecosystem places them in a unique position to detect early warning signs of irregularities, suspicious transactions and emerging patterns of financial crime.
She emphasised that economic crime could not be effectively addressed by courts and law-enforcement agencies alone, but required a collective response involving professionals, institutions, regulators and society.
The President particularly acknowledged the large Nigerian delegation at the Symposium, comprising representatives of the judiciary, law-enforcement agencies, regulatory bodies and financial institutions.
She said the delegation’s sustained engagement demonstrated Nigeria’s commitment to combating economic and financial crime through institutional collaboration and international cooperation.
According to her, inter-agency synergy, information sharing, complementary mandates and sustained political will were essential to achieving meaningful and sustainable outcomes in the fight against economic crime.
Justice Dongban-Mensem warned that illicit assets should not find safe havens simply by crossing international borders or entering different jurisdictions.
“Our collective responsibility is to ensure that borders do not become safe havens for illicit wealth,” she said.
She called for stronger international cooperation, mutual legal assistance and effective institutional partnerships to ensure that unlawfully acquired assets could neither be concealed nor transferred beyond the effective reach of justice.
The President further stressed the importance of cooperation with more advanced jurisdictions in tracing, recovering and restoring stolen assets to their rightful owners, while insisting that such cooperation must uphold constitutional safeguards, transparency and the rule of law.
She reminded participants that economic crime extends beyond financial and criminal-justice concerns, noting that stolen resources deprive societies of opportunities, corruption weakens institutions and illicit financial flows undermine development.
Justice Dongban-Mensem reaffirmed that no criminal enterprise, regardless of its sophistication, power or complexity, should be beyond the reach of justice.
In a major concluding appeal, the President urged Professor Rider and the organizers of the Cambridge Symposium to consider convening a special symposium dedicated to the prompt return of recovered assets to victim nations.
“Without repatriation, the promise of justice remains unfulfilled,” she declared.
She expressed the hope that the partnerships forged at Cambridge would endure beyond the Symposium and translate into stronger institutions, greater accountability, effective international cooperation and renewed public confidence.
She also called for collective efforts to advance justice, facilitate the lawful recovery and repatriation of illicit assets, and ensure that recovered resources are restored to their rightful purposes.