NASS Commends ICPC, EFCC for Asset Recovery

The National Assembly has commended the efforts of  Anti-Corruption Agencies in the country  on the total assets they have recovered from corrupt persons in recent times. 

The Honourable Speaker of the House of Representatives, His Excellency, Rt. Hon. Femi Gbajabiamila made the commendation at a dialogue session on Recovered Public Funds/Assets at the Speaker’s Conference Room, House of Representatives Building, National Assembly, in Abuja recently. 

In attendance were the Chairmen of the Independent Corrupt Practices and Other Related Offences Commission and the Economic and Financial Crimes Commission Prof. Bolaji Owasanoye and Mr. Ibrahim Magu.

The Hon. Speaker said that the dialogue session was aimed at addressing the nagging issue of recovered assets and how it relates to the budgeting process, accountability and transparency as well as finding the best way to give value to non-cash assets and how such recoveries can be used to develop the country. 

The Speaker called on both anti-corruption agencies to present the exact figures of recoveries and what was yet to be recovered. 

He gave the assurance of the support and collaboration of the House, and urged the two Chairmen to proffer ways the House could further empower their agencies.