Special account for corrupt proceeds

On anti-corruption and ethics in governance, the conference accepted the recommendation made by committee on politics and governance that anti-corruption agencies (ACAs) especially the EFCC and the ICPC, should take up any corruption case that is in the public domain without waiting for a petition.It said refusal by the anti-corruption agencies to act on any […]

Special account for corrupt proceeds
Special account for corrupt proceeds

On anti-corruption and ethics in governance, the conference accepted the recommendation made by committee on politics and governance that anti-corruption agencies (ACAs) especially the EFCC and the ICPC, should take up any corruption case that is in the public domain without waiting for a petition.
It said refusal by the anti-corruption agencies to act on any corruption cases that has come to their knowledge shall constitute an act of misconduct, criminal negligence or dereliction of duty that will attract appropriate sanctions.
Delegates also accepted the proposal that all anti-corruption agencies be empowered to invite anybody living above their means to explain their source of wealth, and if the agencies are not satisfied with explanations to the acquisition of such wealth, the person shall be charged to court.
“Upon conviction, the person shall forfeit the entire proceeds from corruption and be sentenced to half the prison term attached to the sum of the money or its equivalent,” they agreed.