Nigeria’s Proceeds of Crime Bill 2020: Fit for Purpose?

Azinge-Egbiri, Nkechikwu Valerie (2021) Nigeria’s Proceeds of Crime Bill 2020: Fit for Purpose? Journal of International Banking Law and Regulation, 36 (9): 9. pp. 395-402. ISSN 1742-6812

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Abstract

If passed into law, the Proceeds of Crime Bill 2020 will be Nigeria’s first comprehensive legislation that deals with the seizure, forfeiture, and management of assets derived from unlawful activities. This article reviews the core provisions of the Bill and analyses its ability to deliver on its aims. It contends that whilst the Bill signals laudable progress and political will in the country’s fight against financial crime, it is fraught with challenges that the legislature must address to ensure its efficacy.

Item Type:
Journal Article
Journal or Publication Title:
Journal of International Banking Law and Regulation
ID Code:
213897
Deposited By:
Deposited On:
01 Feb 2024 10:30
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Jul 2024 00:49