PRESIDENT Muhammadu Buhari,
yesterday, sent his first two executive bills to the Senate, seeking to
prohibit money laundering and criminal activities in the country.
The bills are:”The Money Laundering
(Prevention and Prohibition) Bill, 2016″ and “The Mutual Legal Assistance in
Criminal Matters Bill, 2016.”
Buhari, in a letter to the the
Senate and addresed to the Senate President, Dr Bukola Saraki, said he was
introducing the bills for formal consideration and enactment into law by the
legislature.
In the letter read by Saraki, during
plenary, Buhari informed that the first bill provides for the repeal of Money
Laundering (Prohibition) Act 2011 as amended in 2012.
He explained that the bill would
“make comprehensive provisions to prohibit the laundering of criminal
activities, expand the scope of money laundering, and provide protection for
employees of various institutions, bodies and professions who may discover
money laundering”.
On the second bill, President Buhari
said it “seeks to facilitate the provision and obtaining by Nigeria of
international assistance in criminal matters.”
These, he stressed, include the
provision and obtaining of evidence and things, and the making of arrangements
for persons to give evidence or assist in criminal investigations.
He further stated that the bill
seeks “the recovery, forfeiture or confiscation of property in respect of
offences, the restraining of dealings in property or the freezing of assets
that may be recovered, forfeited or confiscated in respect of offences.”
No comments:
Post a Comment