Buhari Declares Emergency On Corruption, Signs Order Denying Alleged Criminals Access To Assets Under Probe

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Buhari Declares Emergency On Corruption, Signs Order Denying Alleged Criminals Access To Assets Under Probe

President Muhammmadu Buhari on Thursday, July 5, declared a national emergency on corruption, even as he signed an executive order seeking to restrain owners of assets under probe from carrying out further transactions on such properties.

The president, who spoke at the Aso Rock Presidential Villa in Abuja while signing Executive Order No.6 of 2018 on the Preservation of Assets Connected with Serious Corruption and Other Relevant Offences, said he decided to assent the order so as to stop owners of the assets from using their proceeds to pervert justice.

Buhari further declared a national emergency on corruption, challenging institutions, agencies and individuals to reverse the negative culture of pilfering public funds.

His words: “Like I have said many times, if Nigeria does not kill corruption, corruption will sooner-or later kill Nigeria.’’

“It has thus become necessary to re-kit and re-tool our arsenal to be able to effectively tackle corruption’s perilous counter-attack against the Nigerian state. Accordingly, the federal government of Nigeria has declared a national emergency to deal with that crisis.”

“In this regard, the federal government of Nigeria in line with its anti-corruption strategy seeks to ensure that justice is not defeated or compromised by persons involved in a case or complaint of corruption.”

“Whilst there are many reasons why Nigeria has been struggling; regrettably, the most unfortunate cause of great disparity between Nigeria’s wealth and its poverty is endemic corruption.”

“It is in consequence of this that I have decided to issue the Executive Order No. 6 of 2018 to inter alia restrict dealings in suspicious assets subject to investigation or inquiry bordering on corruption in order to preserve such assets from dissipation, and to deprive alleged criminals of the proceeds of their illicit activities which can otherwise be employed to allure, pervert and/or intimidate the investigative and judicial processes.”

“Or for acts of terrorism, financing of terrorism, kidnapping, sponsorship of ethnic or religious violence, economic sabotage and cases of economic and financial crimes, including acts contributing to the economic adversity of the Federal Republic of Nigeria and against the overall interest of justice and the welfare of the Nigerian state.”

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Source: New feed2