The commitments are:

MILESTONE 21 : We commit to establishing accessible central databases of companies with final convictions.

Status: INACTIVE

Notes:


MILESTONE 22 : We commit to exploring ways of sharing information on corrupt bidders across borders

Status: INACTIVE

Notes:


MILESTONE 23 : We commit to the strengthening of our asset recovery legislation, including through non-conviction based confiscation powers and the introduction of unexplained wealth orders

Status: INACTIVE

Notes: Despite the establishment of the Asset Recovery and Management Unit under the Federal Ministry of Justice, to coordinate asset recovery processes following execution as constitutionally mandated under the various anti-corruption agencies, the crucial Proceeds of Crime Bill has not been passed into Law despite repeated assurances of political commitment. Unexplained Wealth Order is not being discussed at all. Non-conviction based approaches are present in the POC legal framework and are occasionally used only on an interim basis while Section 28 of the EFCC Act provides for conviction-based forfeiture.


MILESTONE 24 : We commit to developing internationally endorsed guidelines for the transparent and accountable management of returned stolen assets.

Status: UNDERWAY

Notes: The Presidential Advisory Committee Against Corruption (PACAC) has published a number of guidelines for anti-corruption agencies and judiciary on how to conduct final and interim forfeiture of assets. Crucially, guidelines on non-conviction based forfeitures have been also published. However, the PACAC is only an advisory committee with no authority to implement the guidelines. There has been a sharp increase in the volume of seized assets reported by the Economic Financial Crime Commission (EFCC). There is however no independent review on the management of these forfeited assets.


MILESTONE 25 : We will develop common principles governing the payment of compensation to the countries affected, (including payments from foreign bribery cases) to ensure that such payments are made safely, fairly and in a transparent manner.

Status: UNDERWAY

Notes: A Conditional cash transfer of N5, 000 monthly to the poorest Nigerians was partly implemented through the National Cash Transfer Office (NCTO), from the recovered Abacha loot which amounted to $321m, following a directive by the Federal Government in October 2018.


Methodology Applied

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