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Fri, Apr

Buhari Orders Sale Of Forfeited Assets

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As President Muhammadu Buhari's administration continues to fight the war against corruption, the President has reportedly asked that all forfeited assets are sold and the money put in the Treasury Single Account (TSA).

 

He spoke yesterday while hosting members of the Presidential Advisory Committee against Corruption (PACAC) at the State House, Abuja.

Speaking at the event, President Buhari recalled that in the past, seized assets from officials who could not explain how they got them were returned to them when the government was changed.

He pledged to beam the searchlight on the cost of governance and weed out possible corruption that exists anywhere.

On his part, Chairman of PACAC, Professor Itse Sagay, said Nigerians were lucky more than ever to have a person of President Buhari’s credentials as leader of the government.

He noted that the President attaches a lot of importance to the fight against corruption, and we have tried to achieve the aims you had in mind when you established PACAC".

According to Sagay, the committee trains builds the capacity of anti-corruption agencies and has helped to develop a programme of non-conviction assets recovery, which is recording great successes.

The committee went further to make some recommendations namely; Re-establishment of the jury system for criminal cases in the country; setting up of a judicial commission on corruption in the judiciary, to be headed by retired judges under the auspices of National Judicial Council, passage of Proceeds of Crime Act by the National Assembly, the setting up of a Presidential Truth and Restitution Task Force and a closer look at the cost of governance to weed out all vestiges of corruption.

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