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Assets' Seizure: Powers Of EFCC, ICPC Reduced

ACTING EFCC CHAIRMAN,  IBRAHIM MAGU 

ABUJA, NIGERIA - The powers of the Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies as regards seizure of assets has been reduced. 

The power was brought down by the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN),  who equally scrapped all asset recovery and tracing committees.

Abubakar Malami's directive is contained in the Federal Republic of Nigeria Official Gazette Vol. 106, No 163,  titled, ‘Asset Tracing, Recovery and Management Regulation 2019’, dated October 29, 2019.

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