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PACAC Adopts Non Conviction Assets Forfeiture Regime To Check Corruption

The Executive Secretary of the Presidential Advisory Committee Against Corruption, PACAC, Prof. Sadiq Isah Radda, says various anti-graft agencies in the country will recover assets of corrupt persons in 2022, using the non-conviction assets base forfeiture provisions.

Prof Radda made this assertion via zoom at the public presentation of the 5th edition of the ‘Compendium of one hundred High Profile Corruption Cases in Nigeria organised by the Human and Environmental Development Agenda (HEDA), in Lagos

He said states and local governments must embrace the anti-graft fight for it to be effective.

Prof Radda said the initiative, which marks a fresh approach in the age-long campaign against corruption in the country, would involve the forfeiture of assets by persons with unexplained sources of wealth.

The PACAC Executive Secretary who bemoaned the absence of data of corruption cases in the country, stressed that the judiciary has been a major clog in the wheel of tackling corruption in Nigeria.

“Going forward, Nigerians are going to see positive changes in the fight against corruption in 2022″.

He explained that PACAC’s major activities next year will be a non-conviction-based forfeiture regime whereby the EFCC, ICPC and others will not go after corrupt individuals, but go after their property that are proceeds of crime.

“The ICPC has started and today, we have as many as 243 shops, plazas, malls that have been taken over, as at today, the EFCC is in possession of over 90 ships and the owners have disappeared. So, the government will now be going after the property because if you arrest one big man, our lawyers will shout blue murder, human rights” he stated.

Earlier in his opening address, the Chairman of HEDA, Mr Olanrewaju Suraju said the motivation for the compendium was to address the cascading morality in the society where those accused of corruption and financial crimes are not only revered but elevated because of the absence of proper documentation.

“Many of our politicians are now with the mind-set that people will soon forget about their criminal acts and they always want to jeopardize the process of prosecutions to make them escape justice. This is part of what initiated this compendium,” he said.

A Senior Advocate of Nigeria, Mr Femi Falana in his remarks said corrupt people in Nigeria are treated with a lot of respect unlike in other climes.

He added that most politicians accused of corruption are now running to the ruling party whereas they are standing trial on grievous offences adding that HEDA should not get tired, because their little efforts have helped in putting these leaders in check.

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