National Assembly Transmits Proceeds of Crime Bill to Buhari - THISDAYLIVE

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National Assembly Transmits Proceeds of Crime Bill to Buhari - THISDAYLIVE via thisdaylive

The Proceeds of Crime Bill designed to further boost Nigeria’s anti-corruption drive has been transmitted to President Muhammadu Buhari by the National Assembly for assent.

The Proceeds of Crime Bill, 2017, is a 12-part bill with comprehensive provisions for the confiscation, forfeiture and management of property derived from unlawful activities. “Even though we have in existence extant laws such as the Economic and Financial Crimes Commission Act, 2004, the National Drug Law Enforcement Agency Act, 2004, the Independent Corrupt Practices and other Related Offences Act, 2000, the National Agency for the Prohibition of Trafficking in Persons Act, 2003, Code of Conduct Bureau and Tribunal Act, 2004, Recovery of Public Property Act Act, Failed Banks and Financial Malpractices in Banks Act and some other penal laws on asset recovery in the...

 

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