President Goodluck Jonathan, his Vice, Namadi Sambo and the state governors may soon be compelled to publish their bank accounts, including foreign bank accounts.
This follows a three-pronged bill which passed second reading, yesterday, on the floor of the House of Representatives.
The bill also allows the President, his vice, state governors and indeed all other public office holders to keep foreign bank accounts.
One of the bills comes with the.....
title, “A Bill for an Act to Amend the Code of Conduct Bureau and Tribunal Act, 2004, so as to make the leave of the bureau necessary for a public officer to maintain or operate a bank account outside Nigeria.”
Other bills
Others are: A Bill for an Act to Amend the Code of Conduct Bureau and Tribunal Act by deleting proviso to Section 3, deleting section 18(1) and enacting and Amended Section 18(2) and a Bill for an Act to Amend the Conduct of Bureau Tribunal Act to make accessible Assets and Liabilities declared by Public Office Holders.”
Sponsors of the bills are Hons. Bamidele Faparusi (APC-Ekiti), Oluchi Ibeji(PDP-Abia) and Emmanuel Jime (PDP-Benue).
While presenting his Bill, Hon. Faparusi argued that: “The purpose of the law is to discourage the launder of money and fraud by public officers. But it is public knowledge that nobody would use his bank account to launder money, instead proxies and cronies have become ready instruments for such purposes”.
He stated that: “The instant law, as it is today, does not contemplate this development and to tackle it, there is need to make for such public officer, who hitherto maintains and operates a foreign account and has cause to hold same, to get leave of the Bureau to continue to use such accounts. This would be an improvement from the practice of requiring a public office holder to close any foreign account so held by reason of the office now occupied.”
Culled - Vanguard
Share your thoughts....thanks!
No comments:
Post a Comment