REBELS TO WITHDRAW FROM KEY DR CONGO TOWN 'AFTER US REQUEST'. (PHOTO)

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 Rebels to withdraw from key DR Congo town 'after US request' The M23 rebel group has said it would withdraw from the eastern DR Congo town of Uvira at the request of the US administration, which had criticised seizure of the town last week as a threat to mediation efforts. The rebels entered Uvira, on the border with Burundi, less than a week after the presidents of Congo and Rwanda met with US President Donald Trump in Washington and affirmed their commitment to a peace deal known as the Washington Accords. US Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept." A report by a United Nations group of experts in July said Rwanda exercised command and control over the rebels. Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. Corneille Nangaa, leader of the Congo River Allia...
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POCA: ICPC BEGINS DISPOSAL OF FORFEITED ASSETS.(PHOTO).#PRESS RELEASE.

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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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