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Buhari writes National Assembly, seeks stiffer punishment for corruption

By News Express on 28/01/2016

Views: 1,706


President Muhammadu Buhari has written to the National Assembly (NASS) to seek stiffer laws on his anti-corruption crusade in Nigeria.

President Buhari sent two separate bills to NASS which he hopes would heighten the fight against corruption.

First is the Money Laundering Prevention and Prohibition Bill 2016.

The bill seeks to repeal the Money Laundering Act 2011 as amended in 2012 to widen the scope of money laundering offences.

It also seeks to expand the scope of operation of anti-corruption agencies namely Economic and Financial Crimes Commission, Independent Corrupt Practices and other Related Offences Commission and Code of Conduct Bureau.

When passed into law, Nigerians would be required to do due diligence on their customers or risk going to jail.

It however provides protection for anyone who discovers and makes disclosure of money laundering.

The second executive bill from President Buhari is the Mutual Legal Assistance in Criminal Matters Bill 2016.

This bill seeks to facilitate and create an avenue for Nigeria to obtain assistance from the international community to fight corruption. (Channels TV)

•Photo shows President Buhari.

Source News Express

Posted 28/01/2016 04:48:30 AM

 

 

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