Senate Kicks Against EFCC Transferring Forfeited Assets To AGF

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The Senate has opposed the Economic and Financial Crimes Commission (EFCC) transferring all forfeited assets to the Office of Attorney-General of The Senate has opposed the Economic and Financial Crimes Commission (EFCC) transferring all forfeited assets to the Office of Attorney-General of Federation (AGF) and Minister of Justice, Abubakar Malami.

But, the chairman of the Senate Committee on Anti-corruption and Financial Crimes, Suleiman Abdu Kwari , said that the proceeds of crime bill that is currently before the Senate will address the issue.

Senator Yusuf Abubakar Yusuf wondered how N31 billion will be enough to fight corruption in the country. Earlier, the director of finance of the EFCC, Mohammed Joda, who defended the 2022 budget said the total fund proposed for the agency in 2022 is N31.3 billion of which N25.8 billion Is earmarked for personnel cost, N3.6 billion for overhead while N1.8 billion is for capital expenditure.

 

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