Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has called for legislation against unexplained wealth in Nigeria.informationguidenigeria
He explained that such a law would help check the criminal activities of treasury looters in the country.
In a statement by the EFCC Spokesperson, Dele Oyewale, on Thursday, the Chairman made the call during the Two- Day International Law Conference with the theme: “Unexplained Wealth in the Global South: Examining the Asset Recovery and Return Trajectory” organized by Christopher University, Mowe Ogun State.JAMB Portal
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Represented by the EFCC Abuja Zonal Commander, ACE1 Adebayo Adeniyi, the Chairman emphasized that many foreign countries have adopted the Unexplained Wealth Orders, UWOs as a tool for tackling treasury looting and corruption since it came into force in 2018, regretting that Nigeria is yet to promulgate such a law but only relies on the provisions of Section 7 of its Establishment Act to act.NYSC Portal
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