Connect with us

Headlines

Senate Passes Bill Empowering FG to Seize Illegally-Acquired Assets

Published

on

he Senate has passed for second reading, a bill seeking to allow the Federal Government to seize assets acquired by corrupt public officers, terrorism financiers, among others.

The legislation is titled, ‘A bill for an Act to Make Comprehensive Provisions For Seizure, Confiscation, Forfeiture and Management of Properties Reasonably Suspected to Have Been Derived From Unlawful Activities.’

The sponsor of the bill, Senator Suleiman Kwari, in his lead debate, said the proposal passed first reading on March 16, 2021, and was also listed among the versions of bills of interest contained in the recent communication from the President, Major General Muhammadu Buhari (retd.), to the National Assembly.

Buhari had last week appealed to the parliament to pass three anti-corruption bills on proceeds of crime, whistle-blower and witness protection.

The Senate had on Tuesday passed the Witness Protection Bill for second reading.

Kwari said the main objective of the bill was to provide for the establishment of a department in the relevant organisations to manage forfeited assets.

According to him, the department would provide for an effective legal and institutional framework for the recovery and management of the proceeds of crime, as well as civil forfeitures in non-conviction based sentencing.

He said, “This bill further makes provisions for restraint, seizure, confiscation and forfeiture of property derived from property unlawful activities; any instrumentality used or intended to be used in the commission of such unlawful activities; and for non-conviction based procedure for the recovery of proceeds of crime.

“The bill’s other objectives are to strengthen the criminal confiscation procedure by ensuring that the total benefit from a person’s criminal activity is calculated and an equivalent amount, where recoverable, is confiscated on behalf of the Federal Government.

In his submission, Senator Smart Adeyemi, stated that it had become expedient for government to go after anyone who cannot account for how they acquired their properties.

“In supporting this bill, Mr. President, I hold the view that the people who have acquired their properties legally and with good funds have no cause to fear,” he said.

The Deputy Majority Whip, Senator Aliyu Sabi-Abdullahi said, “I think it is our duty to support such a law, but it must not be done in a manner that at the end of the day, when you have somebody that does not mean well, you have given him a weapon to go after his perceived enemies. I think that is where caution has to come in.”

Senator Stella Oduah, who is under the radar of the Economic and Financial Crimes Commission, however, kicked against the bill.

Oduah said, “For very brilliant senators such as us, we cannot be seen to pass a bill which we haven’t thought through and that is not in line with best global practice. We shouldn’t play ostrich with this bill. We are going to create a situation where conflict of interest within establishments will continue to exist. Subjectivity in handling issues will be the subject of the day, and innocent Nigerians will be made to be victims of this law, and laws are not supposed to be like that.

“Laws are supposed to stand the test of time. This bill will not stand the test of time because it will be very subjective.”

President of the Senate, Ahmad Lawan, after the second reading, referred the bill to the Joint Committee on Anti-Corruption and Financial Crimes; and Judiciary, Human Rights and Legal Matters.

The joint committee was given four weeks to report back to the Senate in plenary.

Meanwhile, a bill seeking to broaden the functions of the Public Complaints Commission also scaled second reading on Wednesday.

The Punch

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Donald Trump Sworn in As 47th American President, Pledges Swift Border Crackdown

Published

on

Donald Trump has pledged to rescue America from what he described as years of betrayal and decline after he was sworn in as president on Monday, prioritizing a crackdown on illegal immigration and portraying himself as a national savior chosen by God.
“For American citizens, January 20, 2025, is Liberation Day,” Trump, 78, said inside the Rotunda of the U.S. Capitol, the symbol of U.S. democracy that was invaded on Jan. 6, 2021, by a mob of Trump supporters intent on reversing his 2020 election defeat to Joe Biden.
The half-hour speech echoed some of the themes he sounded at his first inauguration in 2017, when he spoke of the “American carnage” of crime and job loss that he said had ravaged the country.
The inauguration completes a triumphant return for a political disruptor who was twice impeached, survived two assassination attempts, was convicted in a criminal trial and faced charges for attempting to overturn his 2020 election loss. He is the first president in more then a century to win a second term after losing the White House.
“I was saved by God to make America great again,” Trump said, referring to the assassin’s bullet that grazed his ear in July.
Trump is the first felon to serve as president after a New York jury found him guilty of falsifying business records to cover up hush money paid to a porn star.
“Many people thought it was impossible for me to stage such a historic political comeback,” he said. “I stand before you now as proof that you should never believe that something is impossible to do in America. The impossible is what we do best.”
While Trump sought to portray himself as a peacemaker and unifier, his speech was often sharply partisan. He repeated false claims from his campaign that other countries were emptying their prisons into America and voiced familiar and unfounded grievances over his criminal prosecutions.
With Biden seated nearby, affecting a polite smile, Trump issued a stinging indictment of his predecessor’s policies from immigration to foreign affairs and outlined a raft of executive actions aimed at blocking border crossings, ending federal diversity programs and overhauling international trade.
Source: Reuters
Continue Reading

Headlines

Hamas Releases Israeli Hostages As Ceasefire Agreement Comes into Effect

Published

on

The first hostages freed from Gaza under a long-awaited ceasefire agreement are back in Israel. The news sparked jubilant scenes in Tel Aviv where large crowds gathered ahead of their release.

The three freed Israeli hostages – the first of 33 to be released over the next six weeks – are Romi Gonen, Doron Steinbrecher and Emily Damari. They are said to be in good health and are receiving treatment at a medical center in Tel Aviv.

In exchange, 90 Palestinian prisoners and detainees are set to be released by Israel from Ofer Prison in the occupied West Bank.

The Israeli military withdrew from several locations in southern and northern Gaza after the truce began earlier on Sunday, an Israeli military official told CNN.

Displaced Gazans have started returning to their homes, while the aid trucks laden with much-needed supplies have crossed into Gaza. Here’s what we know about how the ceasefire deal will work.

Hamas, despite suffering devastating losses, is framing the Gaza ceasefire agreement as a victory for itself, and a failure for Israel.

One of Hamas’ main goals for taking some 250 people during its brazen October 7, 2023, attack on Israel was to secure the release of Palestinian prisoners held in Israeli jails. As Israel pounded Gaza in response, Hamas vowed not to return the hostages until Israel withdrew its forces from the enclave, permanently ended the war, and allowed for rebuilding.

Source: CNN

Continue Reading

Headlines

Again, Kemi Badenoch Lashes Out at Nigeria Says Country’s ‘Dream Killer’

Published

on

The leader of UK’s Conservative Party, Kemi Badenoch, has said she doesn’t want Britain to be like Nigeria that is plagued by “terrible governments.”

Speaking on Thursday at an event organised by Onward, a British think tank producing research on economic and social issues, Badenoch expressed fears that Britain may become like Nigeria if the system is not reformed.

“And why does this matter so much to me? It’s because I know what it is like to have something and then to lose it,” Badenoch told the audience.

“I don’t want Britain to lose what it has.

“I grew up in a poor country and watched my relatively wealthy family become poorer and poorer, despite working harder and harder as their money disappeared with inflation.

“I came back to the UK aged 16 with my father’s last £100 in the hope of a better life.

“So I have lived with the consequences of terrible governments that destroy lives, and I never, ever want it to happen here.”

Badenoch has been in the news of late after she dissociated herself from Nigeria, saying she has nothing to do with the Islamic northern region.

She also accused the Nigeria Police of robbing citizens instead of protecting them.

She said: “My experience with the Nigeria Police was very negative. Coming to the UK, my experience with the British Police was very positive.

“The police in Nigeria will rob us (laughter). When people say I have this bad experience with the police because I’m black, I say well…I remember the police stole my brother’s shoe and his watch.”

Continue Reading