Breaking: President Buhari Signs Executive Order To Check Corruption.
IPOB Writers
5th July,2018
Barely a day after disclosing that he would take steps to regig the anti-corruption war, President Muhammadu Buhari today signed into law an Executive Order aimed at seizing assets of corrupt persons and institutions in Nigeria. The order also targets specific politically exposed persons who are currently being tried in courts for corruption.
See full details here: DENTIAL EXECUTIVE ORDERNo. 6 of 2018 ON THE PRESERVATION OF SUSPICIOUS ASSETS CONNECTED WITH CORRUPTION AND OTHER RELEVANT OFFENCES Whereas it is the responsibility of the Federal Government of Nigeria to protect the resources of Nigeria from all forms of Corruption; Whereas Corruption constitutes an unusual and extraordinary threat to the well-being, national security and stability of the country’s political and economic systems, as well as its continuous existence; and must be effectively addressed; By the powers vested in me under Section 5 of the 1999 Constitution as amended which extends to the execution and maintenance of the Constitution, all Laws made by the National Assembly (including but not limited to Section 15(5) of the Constitution) to, abolish all corrupt practices and abuse of power, it is the duty of any responsible government to restrict dealings in suspicious assets subject to corruption related investigation or inquiries in order to preserve same in accordance with the rule of law and to guarantee and safeguard the fundamental human rights; Now therefore, I, Muhammadu Buhari, President of the Federal Republic of Nigeria, in exercise of the powers conferred on me hereby declare as follows:
Section 1. (a) Without prejudice to any laws or existing suits or any other rights arising out of or in respect thereof, all Assets of any Nigerian citizen within the territory of the Federal Republic of Nigeria, or within the possession or control of any person known to be a current or former government official, a person acting for or on behalf of such an official, any politically exposed person or any person who is responsible for or complicit in, or has directly or indirectly engaged in Corrupt Practices and Other Relevant Offences are forthwith to be protected from dissipation by employing all available lawful or statutory means, including seeking the appropriate Order(s) of Court where necessary, and shall not be transferred, withdrawn or dealt with in any way until the final determination by a court of competent jurisdiction of any corruption related matter against such a person. This provision shall, in particular, apply to those connected with persons listed in the First Schedule to this Order, (or any such list as may be issued by the Attorney General of the Federation and Minister of Justice).
(b) Where a Government official or a person acting for and on behalf of such an official, directly or indirectly, engages in Corrupt Practices such as misappropriation of State assets for personal gain, receives any form of bribe or engages in Corrupt Practices related to the performance of his/her duties or the award or execution of Government contract; or transfers, launder or facilitates the transfer or laundering of proceeds of illicit activities, such official, in addition to forfeiting the proceeds in accordance with the relevant laws, shall forthwith be subject to the disciplinary procedure in accordance with the Public Service Rules and investigation by the Code of Conduct Bureau.
(c) (i) Subject to Section 174 of the Constitution, the Attorney General of the Federation shall have power to coordinate the implementation of this Order and to enlist the support of any Enforcement Authority particularly those listed in Second Schedule to this Order, or any other Person or Entity as may be required or permitted by applicable Law in order to give effect to this
Executive Order. (ii) The Attorney-General shall from time to time publish a list of all Assets protected pursuant to this Order. (iii) The authority of the Attorney General of the Federation to preserve Assets pursuant to this Order shall extend to any Person who is under investigation in accordance with applicable law in connection with having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or howsoever in support of any Corrupt Practices or Other Relevant Offences by any Person whose Assets are protected pursuant to this Order; or any Entity that has engaged in, or whose members have engaged in, any Corrupt Practices or Other Relevant Offences, Provided however, that the Attorney-General shall at all times in this connection, employ all available lawful or statutory means, including seeking the appropriate Order(s) of Court where necessary, and ensure that Assets shall not be transferred, withdrawn or dealt with in any way until the final determination by a court of competent jurisdiction of any corruption related matter against such a person. (iv) Where the Attorney-General has reasonable cause to believe that any funds or assets within Nigeria is connected with Corruption, the Attorney-General may, subject to his powers under Section 174 of the Constitution and other laws enabling him in that regard, approach the Court for an Order blocking or freezing or confiscating such funds or assets pending the conclusion of an investigation or legal action. (d) Enforcement Authorities shall upon request communicate to the Attorney General of the Federation and Minister of Justice information arising from their investigation or enquiry on any Person (Nigerian or non-Nigerian), whether resident in Nigeria or not, determined by such Enforcement Authority to have directly or indirectly engaged in or involved in Corruption within the territory of the Federal Republic of Nigeria, and the Attorney General shall immediately commence or direct the commencement of appropriate process(es) either administratively or judicially as may be necessary subject to existing applicable law.
Section. 2. (a) Any Person who in circumvention of this Executive Order attempts to or in fact: (i) interferes with the free exercise of the authorities of the Office of the President, (ii) destroys evidence, (iii) corrupts witnesses through cash/kind inducements, and (iv) generally perverts the course of justice shall be prosecuted in line with the provision of any Law(s) governing unlawful acts.
Section. 3. (i) Any Person who alleges that his rights have been, are being or are likely to be contravened by any of the provision of this Executive Order may apply to a competent Court in his jurisdiction for redress.
Section. 4. All Enforcement Authorities are hereby directed to diligently and rigorously collaborate with the Federal Ministry of Justice in implementing this Order to ensure the preservation of suspicious assets and prevent their dissipation or removal from the jurisdiction of Nigerian courts, in order to facilitate, support and enable the expeditious and accelerated prosecution of the alleged Corrupt Practices, serious or complex corruption, and Other Relevant Offences. Heads of Enforcement Authorities shall take personal responsibility and be subject to appropriate sanctions for any failure to comply with this Order.
Section. 5. For the purposes of this Order: (a) The term “asset’’ means and shall include all properties including funds, liquid assets (bank balances), receivables, stocks and bonds held in portfolios, insurance policies, shares in listed or unlisted companies, and all manner of fixed assets. It shall cover all such assets whether held directly or indirectly through corporate entities, trust structures and intermediaries; (b) The term “corruption or corrupt practices’’ means as may be defined under any enactment: (i) any corrupt activity involving matters of corruption generally economic sabotage, human trafficking, drug trafficking and terrorism involving funds or assets in the sum or value in excess of fifty million Naira (N50,000,000) or its equivalent in foreign currency; (ii) any misappropriation of government asset, corruption related to government contracts or bribery; or (iii) the transfer or the facilitation of the transfer of the proceeds of corruption. (c) The term “enforcement authority’’ means agencies and instrumentality of the Federal Government of Nigeria including but not limited to those listed in Second Schedule to this Order imbued with regulatory/enforcement powers; (d) The term “entity” means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; (e) The term “other relevant offences” means any act, which may constitute an act of, terrorism, financing of terrorism, kidnapping, sponsorship of ethnic or religious violence, economic sabotage, cases of economic and financial crimes, including acts contributing to the economic adversity of the Federal Republic of Nigeria as defined by relevant laws. (f) The term “person” means a natural or juristic person.
Section. 6. This Executive Order shall take effect on day of 2018.
Section. 7. This Order may be cited as the
PRESERVATION OF SUSPICIOUS ASSETS CONNECTED
WITH CORRUPTION AND OTHER RELEVANT OFFENCES ORDER, 2018. DATED THIS ………….. DAY OF …………. 2018 Muhammadu Buhari PRESIDENT FEDERAL REPUBLIC OF NIGERIA FIRST SCHEDULE LIST OF CASES TO BE IMMEDIATELY AFFECTED BY THE EXECUTIVE ORDER EXECUTIVE ORDER
IPOB Writers
5th July,2018
PRESIDENT MUHAMMADU BUHARI |
Barely a day after disclosing that he would take steps to regig the anti-corruption war, President Muhammadu Buhari today signed into law an Executive Order aimed at seizing assets of corrupt persons and institutions in Nigeria. The order also targets specific politically exposed persons who are currently being tried in courts for corruption.
See full details here: DENTIAL EXECUTIVE ORDERNo. 6 of 2018 ON THE PRESERVATION OF SUSPICIOUS ASSETS CONNECTED WITH CORRUPTION AND OTHER RELEVANT OFFENCES Whereas it is the responsibility of the Federal Government of Nigeria to protect the resources of Nigeria from all forms of Corruption; Whereas Corruption constitutes an unusual and extraordinary threat to the well-being, national security and stability of the country’s political and economic systems, as well as its continuous existence; and must be effectively addressed; By the powers vested in me under Section 5 of the 1999 Constitution as amended which extends to the execution and maintenance of the Constitution, all Laws made by the National Assembly (including but not limited to Section 15(5) of the Constitution) to, abolish all corrupt practices and abuse of power, it is the duty of any responsible government to restrict dealings in suspicious assets subject to corruption related investigation or inquiries in order to preserve same in accordance with the rule of law and to guarantee and safeguard the fundamental human rights; Now therefore, I, Muhammadu Buhari, President of the Federal Republic of Nigeria, in exercise of the powers conferred on me hereby declare as follows:
Section 1. (a) Without prejudice to any laws or existing suits or any other rights arising out of or in respect thereof, all Assets of any Nigerian citizen within the territory of the Federal Republic of Nigeria, or within the possession or control of any person known to be a current or former government official, a person acting for or on behalf of such an official, any politically exposed person or any person who is responsible for or complicit in, or has directly or indirectly engaged in Corrupt Practices and Other Relevant Offences are forthwith to be protected from dissipation by employing all available lawful or statutory means, including seeking the appropriate Order(s) of Court where necessary, and shall not be transferred, withdrawn or dealt with in any way until the final determination by a court of competent jurisdiction of any corruption related matter against such a person. This provision shall, in particular, apply to those connected with persons listed in the First Schedule to this Order, (or any such list as may be issued by the Attorney General of the Federation and Minister of Justice).
(b) Where a Government official or a person acting for and on behalf of such an official, directly or indirectly, engages in Corrupt Practices such as misappropriation of State assets for personal gain, receives any form of bribe or engages in Corrupt Practices related to the performance of his/her duties or the award or execution of Government contract; or transfers, launder or facilitates the transfer or laundering of proceeds of illicit activities, such official, in addition to forfeiting the proceeds in accordance with the relevant laws, shall forthwith be subject to the disciplinary procedure in accordance with the Public Service Rules and investigation by the Code of Conduct Bureau.
(c) (i) Subject to Section 174 of the Constitution, the Attorney General of the Federation shall have power to coordinate the implementation of this Order and to enlist the support of any Enforcement Authority particularly those listed in Second Schedule to this Order, or any other Person or Entity as may be required or permitted by applicable Law in order to give effect to this
Executive Order. (ii) The Attorney-General shall from time to time publish a list of all Assets protected pursuant to this Order. (iii) The authority of the Attorney General of the Federation to preserve Assets pursuant to this Order shall extend to any Person who is under investigation in accordance with applicable law in connection with having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or howsoever in support of any Corrupt Practices or Other Relevant Offences by any Person whose Assets are protected pursuant to this Order; or any Entity that has engaged in, or whose members have engaged in, any Corrupt Practices or Other Relevant Offences, Provided however, that the Attorney-General shall at all times in this connection, employ all available lawful or statutory means, including seeking the appropriate Order(s) of Court where necessary, and ensure that Assets shall not be transferred, withdrawn or dealt with in any way until the final determination by a court of competent jurisdiction of any corruption related matter against such a person. (iv) Where the Attorney-General has reasonable cause to believe that any funds or assets within Nigeria is connected with Corruption, the Attorney-General may, subject to his powers under Section 174 of the Constitution and other laws enabling him in that regard, approach the Court for an Order blocking or freezing or confiscating such funds or assets pending the conclusion of an investigation or legal action. (d) Enforcement Authorities shall upon request communicate to the Attorney General of the Federation and Minister of Justice information arising from their investigation or enquiry on any Person (Nigerian or non-Nigerian), whether resident in Nigeria or not, determined by such Enforcement Authority to have directly or indirectly engaged in or involved in Corruption within the territory of the Federal Republic of Nigeria, and the Attorney General shall immediately commence or direct the commencement of appropriate process(es) either administratively or judicially as may be necessary subject to existing applicable law.
Section. 2. (a) Any Person who in circumvention of this Executive Order attempts to or in fact: (i) interferes with the free exercise of the authorities of the Office of the President, (ii) destroys evidence, (iii) corrupts witnesses through cash/kind inducements, and (iv) generally perverts the course of justice shall be prosecuted in line with the provision of any Law(s) governing unlawful acts.
Section. 3. (i) Any Person who alleges that his rights have been, are being or are likely to be contravened by any of the provision of this Executive Order may apply to a competent Court in his jurisdiction for redress.
Section. 4. All Enforcement Authorities are hereby directed to diligently and rigorously collaborate with the Federal Ministry of Justice in implementing this Order to ensure the preservation of suspicious assets and prevent their dissipation or removal from the jurisdiction of Nigerian courts, in order to facilitate, support and enable the expeditious and accelerated prosecution of the alleged Corrupt Practices, serious or complex corruption, and Other Relevant Offences. Heads of Enforcement Authorities shall take personal responsibility and be subject to appropriate sanctions for any failure to comply with this Order.
Section. 5. For the purposes of this Order: (a) The term “asset’’ means and shall include all properties including funds, liquid assets (bank balances), receivables, stocks and bonds held in portfolios, insurance policies, shares in listed or unlisted companies, and all manner of fixed assets. It shall cover all such assets whether held directly or indirectly through corporate entities, trust structures and intermediaries; (b) The term “corruption or corrupt practices’’ means as may be defined under any enactment: (i) any corrupt activity involving matters of corruption generally economic sabotage, human trafficking, drug trafficking and terrorism involving funds or assets in the sum or value in excess of fifty million Naira (N50,000,000) or its equivalent in foreign currency; (ii) any misappropriation of government asset, corruption related to government contracts or bribery; or (iii) the transfer or the facilitation of the transfer of the proceeds of corruption. (c) The term “enforcement authority’’ means agencies and instrumentality of the Federal Government of Nigeria including but not limited to those listed in Second Schedule to this Order imbued with regulatory/enforcement powers; (d) The term “entity” means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; (e) The term “other relevant offences” means any act, which may constitute an act of, terrorism, financing of terrorism, kidnapping, sponsorship of ethnic or religious violence, economic sabotage, cases of economic and financial crimes, including acts contributing to the economic adversity of the Federal Republic of Nigeria as defined by relevant laws. (f) The term “person” means a natural or juristic person.
Section. 6. This Executive Order shall take effect on day of 2018.
Section. 7. This Order may be cited as the
PRESERVATION OF SUSPICIOUS ASSETS CONNECTED
WITH CORRUPTION AND OTHER RELEVANT OFFENCES ORDER, 2018. DATED THIS ………….. DAY OF …………. 2018 Muhammadu Buhari PRESIDENT FEDERAL REPUBLIC OF NIGERIA FIRST SCHEDULE LIST OF CASES TO BE IMMEDIATELY AFFECTED BY THE EXECUTIVE ORDER EXECUTIVE ORDER
Barely a day after
disclosing that he would take steps to regig the anti-corruption war,
President Muhammadu Buhari today signed into law an Executive Order
aimed at seizing assets of corrupt persons and institutions in Nigeria.
The order also targets specific politically exposed persons who are
currently being tried in courts for corruption.
See full details here:
DENTIAL EXECUTIVE ORDERNo. 6 of 2018
ON THE PRESERVATION OF SUSPICIOUS ASSETS CONNECTED WITH CORRUPTION AND
OTHER RELEVANT OFFENCES
Whereas it is the responsibility of the Federal Government of Nigeria to
protect the resources of Nigeria from all forms of Corruption;
Whereas Corruption constitutes an unusual and extraordinary threat to
the well-being, national security and stability of the country’s
political and economic systems, as well as its continuous existence; and
must be effectively addressed;
By the powers vested in me under Section 5 of the 1999 Constitution as
amended which extends to the execution and maintenance of the
Constitution, all Laws made by the National Assembly (including but not
limited to Section 15(5) of the Constitution) to, abolish all corrupt
practices and abuse of power, it is the duty of any responsible
government to restrict dealings in suspicious assets subject to
corruption related investigation or inquiries in order to preserve same
in accordance with the rule of law and to guarantee and safeguard the
fundamental human rights;
Now therefore, I, Muhammadu Buhari, President of the Federal Republic of
Nigeria, in exercise of the powers conferred on me hereby declare as
follows:
Section 1. (a) Without prejudice to any laws or existing suits or any
other rights arising out of or in respect thereof, all Assets of any
Nigerian citizen within the territory of the Federal Republic of
Nigeria, or within the possession or control of any person known to be a
current or former government official, a person acting for or on behalf
of such an official, any politically exposed person or any person who
is responsible for or complicit in, or has directly or indirectly
engaged in Corrupt Practices and Other Relevant Offences are forthwith
to be protected from dissipation by employing all available lawful or
statutory means, including seeking the appropriate Order(s) of Court
where necessary, and shall not be transferred, withdrawn or dealt with
in any way until the final determination by a court of competent
jurisdiction of any corruption related matter against such a person.
This provision shall, in particular, apply to those connected with
persons listed in the First Schedule to this Order, (or any such list as
may be issued by the Attorney General of the Federation and Minister of
Justice).
(b) Where a Government official or a person acting for and on behalf of
such an official, directly or indirectly, engages in Corrupt Practices
such as misappropriation of State assets for personal gain, receives any
form of bribe or engages in Corrupt Practices related to the
performance of his/her duties or the award or execution of Government
contract; or transfers, launder or facilitates the transfer or
laundering of proceeds of illicit activities, such official, in addition
to forfeiting the proceeds in accordance with the relevant laws, shall
forthwith be subject to the disciplinary procedure in accordance with
the Public Service Rules and investigation by the Code of Conduct
Bureau.
(c) (i) Subject to Section 174 of the Constitution, the Attorney General
of the Federation shall have power to coordinate the implementation of
this Order and to enlist the support of any Enforcement Authority
particularly those listed in Second Schedule to this Order, or any other
Person or Entity as may be required or permitted by applicable Law in
order to give effect to this Executive Order.
(ii) The Attorney-General shall from time to time publish a list of all
Assets protected pursuant to this Order.
(iii) The authority of the Attorney General of the Federation to
preserve Assets pursuant to this Order shall extend to any Person who is
under investigation in accordance with applicable law in connection
with having materially assisted, sponsored, or provided financial,
material, or technological support for, or goods or services to or
howsoever in support of any Corrupt Practices or Other Relevant Offences
by any Person whose Assets are protected pursuant to this Order; or any
Entity that has engaged in, or whose members have engaged in, any
Corrupt Practices or Other Relevant Offences,
Provided however, that the Attorney-General shall at all times in this
connection, employ all available lawful or statutory means, including
seeking the appropriate Order(s) of Court where necessary, and ensure
that Assets shall not be transferred, withdrawn or dealt with in any way
until the final determination by a court of competent jurisdiction of
any corruption related matter against such a person.
(iv) Where the Attorney-General has reasonable cause to believe that any
funds or assets within Nigeria is connected with Corruption, the
Attorney-General may, subject to his powers under Section 174 of the
Constitution and other laws enabling him in that regard, approach the
Court for an Order blocking or freezing or confiscating such funds or
assets pending the conclusion of an investigation or legal action.
(d) Enforcement Authorities shall upon request communicate to the
Attorney General of the Federation and Minister of Justice information
arising from their investigation or enquiry on any Person (Nigerian or
non-Nigerian), whether resident in Nigeria or not, determined by such
Enforcement Authority to have directly or indirectly engaged in or
involved in Corruption within the territory of the Federal Republic of
Nigeria, and the Attorney General shall immediately commence or direct
the commencement of appropriate process(es) either administratively or
judicially as may be necessary subject to existing applicable law.
Section. 2. (a) Any Person who in circumvention of this Executive Order
attempts to or in fact: (i) interferes with the free exercise of the
authorities of the Office of the President, (ii) destroys evidence,
(iii) corrupts witnesses through cash/kind inducements, and (iv)
generally perverts the course of justice shall be prosecuted in line
with the provision of any Law(s) governing unlawful acts.
Section. 3. (i) Any Person who alleges that his rights have been, are
being or are likely to be contravened by any of the provision of this
Executive Order may apply to a competent Court in his jurisdiction for
redress.
Section. 4. All Enforcement Authorities are hereby directed to
diligently and rigorously collaborate with the Federal Ministry of
Justice in implementing this Order to ensure the preservation of
suspicious assets and prevent their dissipation or removal from the
jurisdiction of Nigerian courts, in order to facilitate, support and
enable the expeditious and accelerated prosecution of the alleged
Corrupt Practices, serious or complex corruption, and Other Relevant
Offences. Heads of Enforcement Authorities shall take personal
responsibility and be subject to appropriate sanctions for any failure
to comply with this Order.
Section. 5. For the purposes of this Order:
(a) The term “asset’’ means and shall include all properties including
funds, liquid assets (bank balances), receivables, stocks and bonds held
in portfolios, insurance policies, shares in listed or unlisted
companies, and all manner of fixed assets. It shall cover all such
assets whether held directly or indirectly through corporate entities,
trust structures and intermediaries;
(b) The term “corruption or corrupt practices’’ means as may be defined
under any enactment:
(i) any corrupt activity involving matters of corruption generally
economic sabotage, human trafficking, drug trafficking and terrorism
involving funds or assets in the sum or value in excess of fifty million
Naira (N50,000,000) or its equivalent in foreign currency;
(ii) any misappropriation of government asset, corruption related to
government contracts or bribery; or
(iii) the transfer or the facilitation of the transfer of the proceeds
of corruption.
(c) The term “enforcement authority’’ means agencies and
instrumentalities of the Federal Government of Nigeria including but not
limited to those listed in Second Schedule to this Order imbued with
regulatory/enforcement powers;
(d) The term “entity” means a partnership, association, trust, joint
venture, corporation, group, subgroup, or other organization;
(e) The term “other relevant offences” means any act, which may
constitute an act of, terrorism, financing of terrorism, kidnapping,
sponsorship of ethnic or religious violence, economic sabotage, cases of
economic and financial crimes, including acts contributing to the
economic adversity of the Federal Republic of Nigeria as defined by
relevant laws.
(f) The term “person” means a natural or juristic person.
Section. 6. This Executive Order shall take effect on day of 2018.
Section. 7. This Order may be cited as the PRESERVATION OF SUSPICIOUS
ASSETS CONNECTED WITH CORRUPTION AND OTHER RELEVANT OFFENCES ORDER,
2018.
DATED THIS ………….. DAY OF …………. 2018
Muhammadu Buhari
PRESIDENT
FEDERAL REPUBLIC OF NIGERIA
FIRST SCHEDULE
LIST OF CASES TO BE IMMEDIATELY AFFECTED BY THE EXECUTIVE ORDER
EXECUTIVE ORDER
Read more at: https://www.vanguardngr.com/2018/07/breaking-president-buhari-signs-executive-order-to-check-corruption/
Read more at: https://www.vanguardngr.com/2018/07/breaking-president-buhari-signs-executive-order-to-check-corruption/
Barely a day after
disclosing that he would take steps to regig the anti-corruption war,
President Muhammadu Buhari today signed into law an Executive Order
aimed at seizing assets of corrupt persons and institutions in Nigeria.
The order also targets specific politically exposed persons who are
currently being tried in courts for corruption.
See full details here:
DENTIAL EXECUTIVE ORDERNo. 6 of 2018
ON THE PRESERVATION OF SUSPICIOUS ASSETS CONNECTED WITH CORRUPTION AND
OTHER RELEVANT OFFENCES
Whereas it is the responsibility of the Federal Government of Nigeria to
protect the resources of Nigeria from all forms of Corruption;
Whereas Corruption constitutes an unusual and extraordinary threat to
the well-being, national security and stability of the country’s
political and economic systems, as well as its continuous existence; and
must be effectively addressed;
By the powers vested in me under Section 5 of the 1999 Constitution as
amended which extends to the execution and maintenance of the
Constitution, all Laws made by the National Assembly (including but not
limited to Section 15(5) of the Constitution) to, abolish all corrupt
practices and abuse of power, it is the duty of any responsible
government to restrict dealings in suspicious assets subject to
corruption related investigation or inquiries in order to preserve same
in accordance with the rule of law and to guarantee and safeguard the
fundamental human rights;
Now therefore, I, Muhammadu Buhari, President of the Federal Republic of
Nigeria, in exercise of the powers conferred on me hereby declare as
follows:
Section 1. (a) Without prejudice to any laws or existing suits or any
other rights arising out of or in respect thereof, all Assets of any
Nigerian citizen within the territory of the Federal Republic of
Nigeria, or within the possession or control of any person known to be a
current or former government official, a person acting for or on behalf
of such an official, any politically exposed person or any person who
is responsible for or complicit in, or has directly or indirectly
engaged in Corrupt Practices and Other Relevant Offences are forthwith
to be protected from dissipation by employing all available lawful or
statutory means, including seeking the appropriate Order(s) of Court
where necessary, and shall not be transferred, withdrawn or dealt with
in any way until the final determination by a court of competent
jurisdiction of any corruption related matter against such a person.
This provision shall, in particular, apply to those connected with
persons listed in the First Schedule to this Order, (or any such list as
may be issued by the Attorney General of the Federation and Minister of
Justice).
(b) Where a Government official or a person acting for and on behalf of
such an official, directly or indirectly, engages in Corrupt Practices
such as misappropriation of State assets for personal gain, receives any
form of bribe or engages in Corrupt Practices related to the
performance of his/her duties or the award or execution of Government
contract; or transfers, launder or facilitates the transfer or
laundering of proceeds of illicit activities, such official, in addition
to forfeiting the proceeds in accordance with the relevant laws, shall
forthwith be subject to the disciplinary procedure in accordance with
the Public Service Rules and investigation by the Code of Conduct
Bureau.
(c) (i) Subject to Section 174 of the Constitution, the Attorney General
of the Federation shall have power to coordinate the implementation of
this Order and to enlist the support of any Enforcement Authority
particularly those listed in Second Schedule to this Order, or any other
Person or Entity as may be required or permitted by applicable Law in
order to give effect to this Executive Order.
(ii) The Attorney-General shall from time to time publish a list of all
Assets protected pursuant to this Order.
(iii) The authority of the Attorney General of the Federation to
preserve Assets pursuant to this Order shall extend to any Person who is
under investigation in accordance with applicable law in connection
with having materially assisted, sponsored, or provided financial,
material, or technological support for, or goods or services to or
howsoever in support of any Corrupt Practices or Other Relevant Offences
by any Person whose Assets are protected pursuant to this Order; or any
Entity that has engaged in, or whose members have engaged in, any
Corrupt Practices or Other Relevant Offences,
Provided however, that the Attorney-General shall at all times in this
connection, employ all available lawful or statutory means, including
seeking the appropriate Order(s) of Court where necessary, and ensure
that Assets shall not be transferred, withdrawn or dealt with in any way
until the final determination by a court of competent jurisdiction of
any corruption related matter against such a person.
(iv) Where the Attorney-General has reasonable cause to believe that any
funds or assets within Nigeria is connected with Corruption, the
Attorney-General may, subject to his powers under Section 174 of the
Constitution and other laws enabling him in that regard, approach the
Court for an Order blocking or freezing or confiscating such funds or
assets pending the conclusion of an investigation or legal action.
(d) Enforcement Authorities shall upon request communicate to the
Attorney General of the Federation and Minister of Justice information
arising from their investigation or enquiry on any Person (Nigerian or
non-Nigerian), whether resident in Nigeria or not, determined by such
Enforcement Authority to have directly or indirectly engaged in or
involved in Corruption within the territory of the Federal Republic of
Nigeria, and the Attorney General shall immediately commence or direct
the commencement of appropriate process(es) either administratively or
judicially as may be necessary subject to existing applicable law.
Section. 2. (a) Any Person who in circumvention of this Executive Order
attempts to or in fact: (i) interferes with the free exercise of the
authorities of the Office of the President, (ii) destroys evidence,
(iii) corrupts witnesses through cash/kind inducements, and (iv)
generally perverts the course of justice shall be prosecuted in line
with the provision of any Law(s) governing unlawful acts.
Section. 3. (i) Any Person who alleges that his rights have been, are
being or are likely to be contravened by any of the provision of this
Executive Order may apply to a competent Court in his jurisdiction for
redress.
Section. 4. All Enforcement Authorities are hereby directed to
diligently and rigorously collaborate with the Federal Ministry of
Justice in implementing this Order to ensure the preservation of
suspicious assets and prevent their dissipation or removal from the
jurisdiction of Nigerian courts, in order to facilitate, support and
enable the expeditious and accelerated prosecution of the alleged
Corrupt Practices, serious or complex corruption, and Other Relevant
Offences. Heads of Enforcement Authorities shall take personal
responsibility and be subject to appropriate sanctions for any failure
to comply with this Order.
Section. 5. For the purposes of this Order:
(a) The term “asset’’ means and shall include all properties including
funds, liquid assets (bank balances), receivables, stocks and bonds held
in portfolios, insurance policies, shares in listed or unlisted
companies, and all manner of fixed assets. It shall cover all such
assets whether held directly or indirectly through corporate entities,
trust structures and intermediaries;
(b) The term “corruption or corrupt practices’’ means as may be defined
under any enactment:
(i) any corrupt activity involving matters of corruption generally
economic sabotage, human trafficking, drug trafficking and terrorism
involving funds or assets in the sum or value in excess of fifty million
Naira (N50,000,000) or its equivalent in foreign currency;
(ii) any misappropriation of government asset, corruption related to
government contracts or bribery; or
(iii) the transfer or the facilitation of the transfer of the proceeds
of corruption.
(c) The term “enforcement authority’’ means agencies and
instrumentalities of the Federal Government of Nigeria including but not
limited to those listed in Second Schedule to this Order imbued with
regulatory/enforcement powers;
(d) The term “entity” means a partnership, association, trust, joint
venture, corporation, group, subgroup, or other organization;
(e) The term “other relevant offences” means any act, which may
constitute an act of, terrorism, financing of terrorism, kidnapping,
sponsorship of ethnic or religious violence, economic sabotage, cases of
economic and financial crimes, including acts contributing to the
economic adversity of the Federal Republic of Nigeria as defined by
relevant laws.
(f) The term “person” means a natural or juristic person.
Section. 6. This Executive Order shall take effect on day of 2018.
Section. 7. This Order may be cited as the PRESERVATION OF SUSPICIOUS
ASSETS CONNECTED WITH CORRUPTION AND OTHER RELEVANT OFFENCES ORDER,
2018.
DATED THIS ………….. DAY OF …………. 2018
Muhammadu Buhari
PRESIDENT
FEDERAL REPUBLIC OF NIGERIA
FIRST SCHEDULE
LIST OF CASES TO BE IMMEDIATELY AFFECTED BY THE EXECUTIVE ORDER
EXECUTIVE ORDER
Read more at: https://www.vanguardngr.com/2018/07/breaking-president-buhari-signs-executive-order-to-check-corruption/
Read more at: https://www.vanguardngr.com/2018/07/breaking-president-buhari-signs-executive-order-to-check-corruption/
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