Hard times await any politically exposed persons (PEPs) and those working in the private sector who indulge in any form of economic and financial crimes, as the House of Representatives is set to commence debate on a new legislation that seeks to establish specialised courts to try all economic and financial crimes.
The amended Bill to the EFCC Act, 2004 sponsored by Bassey Ewa, is already gazetted for second reading on the floor of the House of Representatives and also seeks to “provide for quick recovery procedures for stolen assets; implement active pursuit of cases, build capacity and improve trust and cooperation with foreign counterparts, as well as ensure adequate funding of the Commission.”
The amended Bill to the EFCC Act, 2004 sponsored by Bassey Ewa, is already gazetted for second reading on the floor of the House of Representatives and also seeks to “provide for quick recovery procedures for stolen assets; implement active pursuit of cases, build capacity and improve trust and cooperation with foreign counterparts, as well as ensure adequate funding of the Commission.”