The Attorney-General of the Federation, Abubakar Malami, has made an appeal to the House of Representatives Committee on Judiciary, Human Rights and Legal Matters to approve 2.5 per cent of recovered sums for the justice ministry.
According to the statement, Mr Malami said, ‘’We are proposing that 2.5% should be earmarked as a requisite commission from recoveries arising from stolen assets stashed abroad. Most times, we have had to use our lean resources to fund these recoveries without requisite commission. I would like to affirm that so far, all recoveries of stolen assets were promptly deposited at Federal Government Treasury.
He also disclosed that the rule of law is the major pillar of the democratic enterprise as well as an economic enabler. The minister explained that Nigeria is finding it difficult to meet several of its international protocols, treaties and conventions which require funding. He said there is the need to reverse the trend if the country is to live up to its promises.
‘’The rule of law will not be complete if there is judgment of court not to be by the ministry. What is the rule of law then? So if there is a judgment of court and the ministry has no money to carry out the judgment, then the rule of law is not complete,” Mr Olabode said.
These are strange times in Nigeria! Were these Ministries and Agencies not part of the government or do they think they are consultants that should be remunerated for their services
Everybody is now freelancing. Justice Min wants 2.5% of looted funds. EFCC wants % of recovered funds.Customs, FIRS, FRSC get % of generated funds while Police does cash for freedom scheme. These agencies are now Profit Centres so allocations shld stop.
Biro robber
Them nor dey pay them ?
Toh, its time to reloot the recovered looted funds
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FG grants amnesty to tax defaulters of undeclared foreign assets – Daily TrustThe Federal Government will give amnesty to tax defaulters and permanent waiver of criminal prosecution for tax offences and offences related to offshore assets to those willing to voluntarily declare them. The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami disclosed this on Tuesday in Abuja at the unveiling ceremony of the … Does this law also exempt them from prosecution if the foreign assets where found to be bought through corrupt practices?
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