BLORD IS OUT FROM KUJE PRISON AFTER PERFECTING ALL HIS BAIL CONDITIONS.(PHOTO).

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 So Linus Williams (Blord) has been released from Kuje prison after fulfilling his bail conditions, finally, freedom after a few weeks in custody. However, here’s the current position of his case:  He is still expected to show up and stand his trial.  If he fails to appear in court even for one day, his bail can be revoked and a bench warrant may be issued against him, meaning a return to Kuje. If the prosecution cannot prove the charges against him, he will be discharged and acquitted. If the prosecution proves the charges, he may be sentenced and sent back to Kuje. I think he should seek a peaceful resolution to the case. Congrats to him on his freedom for now.

POCA: ICPC BEGINS DISPOSAL OF FORFEITED ASSETS.(PHOTO).#PRESS RELEASE.


POCA: ICPC Begins Disposal of Forfeited Assets

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Friday, commenced the process of disposal of assets forfeited to the Federal Government in line with the Proceeds of Crime (Recovery and Management) Act (POCA) signed into law by President Muhammadu Buhari on the 12th of May, 2022, with a bid opening to select auctioneers.

In his opening remarks at the event, the Chairman of the Commission, Professor Bolaji Owasanoye, SAN, OFR, who was represented by a Board Member of the Commission, Dr Louis Mandama mni, hailed the impact of the bill on the anti-corruption war and described it as a tool which brought clarity and purpose to the previously murky waters of asset recovery and management.

According to the Chairman, the unregulated structure surrounding forfeited assets often led to huge revenue loses which ultimately defeated the purpose of recovery.

He further stated that the Proceeds of Crime Act introduced a standardized procedure for management and disposal of forfeited assets, helped set up a governing directorate, and ensured that all processes were deliberated on and executed by professionals who were experts in relevant fields. This, according to him, promotes transparency and prioritizes corruption prevention.

The ICPC boss also highlighted the fact that each agency that recovers assets was responsible for the disposal of the forfeited assets and the process was tamper-proof as it instructs that all proceeds be lodged in a dedicated account, domiciled in the Central Bank of Nigeria and accessible only at the discretion of the National Assembly and President of Nigeria.


 

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