Sagay, in a statement on Wednesday, called on Nigerians and the National Assembly to reject the bill.
He said the new agency, known as the ‘Proceeds of Crime Recovery and Management Agency’, will oversee the responsibility of managing the assets that constitute the proceeds of crime in Nigeria. But Sagay said the planned amendment was part of an on-going dangerous attempt to destroy Nigeria’s anti-corruption infrastructure and return it to the situation it was, during the dark days before 2015.
The Senior advocate noted that the new bill will weaken the EFCC and its officials and confer an enormous power on the office of the Attorney General of the Federation and Minister of Justice.
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