Nigeria Needs a Legal Framework for the Management of Recovered Assets – CISLAC
The Civil Society Legislative Advocacy Centre (CISLAC), Transparency International has called on the National Assembly and the Executive to fast track the passage and assent of a legal framework to manage and utilize recovered assets.
The Executive director of CISLAC, Mr. Auwal Musa Rafsanjani state this during a round table meeting organized by CISLAC for representatives of Anti-corruption and law enforcement agencies with the mandate to recover asset and representatives from the House and Senate Committees on Anti-corruption.
Rafsanjani who was represented by Mr. Samuel Asimi of CISLAC stated that a legal framework will remove discretion and reduce the risks of mismanagement of these recovered assets.
The Africa Regional Advisor of Transparency International (TI), Mr. Samuel Kaninda in his remarks noted that Asset Recovery provides a good resource opportunity for African government against the backdrop of the COVID-19 pandemic recovery.
He stressed the challenge of mismanagement of recovered asset should be handled urgently.