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Buhari Seeks Approval To Freeze Accounts Holding Proceeds Of Crime

President Muhammadu Buhari has asked the House of Representatives to pass a Bill seeking to empower the Economic and Financial Crimes Commission (EFCC) to freeze accounts allegedly holding crimes proceeds.

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Naija News reports that the Bill will also give the anti-corruption agency more power to clamp down on money launderers.

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, read Buhari’s letter in plenary on Wednesday, with the instrument of legislation attached, at 11:35 am.

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Recall that President Buhari had denied assenting to the same Bill in 2019, which worsened the rift between the National Assembly and the Executive.

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Loto Samuel

Welcome To Loto Samuel, I'm a blogger in Nigeria, My aims and objectives are to share knowledge and varieties of news and information across the globe.

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