Friday, October 23, 2020

Nigeria: Senator Urges President Buhari to Sign Anti-Corruption Bill

-

The fight against corruption by the current administration will be dead in the water if President Muhammadu Buhari continues to stall the assent to the Federal Audit Service Bill, said Matthew Urhoghide, the senator representing Edo South.

Speaking during plenary on Thursday, Mr Urhoghide said signing the bill was crucial to winning the Buhari administration’s war against corruption.

He said anti-corruption axe is losing its sharpness due to Mr Buhari’s failure to sign the bill. He said the bill would have empowered the Auditor-General of the Federation to do more in the fight against corruption.

“The Auditor-General does not have the power to function effectively in the anti corruption fight. Let Mr President (Muhammadu Buhari) assent to the Federal Audit Bill to fight corruption,” he said.

- Advertisement -

PREMIUM TIMES had reported how the president’s failure to assent to the bill diminishes his anti-corruptioncrusade.

The bill seeks to improve financial accountability and transparency among government officials and organizations.

It empowers the Auditor-General with the power to penalize erring officials and organizations should they fail to turn in their audit report as the law stipulates. These penalties range from withholding of emolument to jail sentence.

The bill was passed in July 2018, and sent to the president in January 2019. The delay in its assent is at dissonance with the country’s 1999 Constitution which stipulates a 30-day window within which the president shall “signify that he assents or that (he) withholds assent” to a bill.

- Advertisement -

MUST READ

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Fundraiser Elliott Broidy pleads guilty in foreign agent case linked to 1MDB

Major Republican Party and Trump fundraiser Elliott Broidy pleaded guilty Tuesday to acting as an unregistered foreign agent, admitting to accepting millions...

Germany issues international arrest warrant for founders of law firm at the centre of Panama Papers

Germany has issued international arrest warrants for the two founders of the firm at the centre of the tax haven scandal exposed by the...
Advertisement
Advertisement

Latest News

This Week

Mexico’s ex-army chief arrested in US on charges of drug trafficking, money laundering

Former Mexican Defense Secretary Gen. Salvador Cienfuegos, who led the country’s armed forces for six years under then-President Enrique Peña Nieto, has been arrested...

Guatemala seeks arrest of ex-minister linked to a $16m cash discovery

Guatemalan prosecutors are seeking the arrest of the former communications minister for ex-President Jimmy Morales on money laundering charges after finding a connection to...

Rapper Nuke Bizzle charged with COVID-19 relief aid fraud after bragging in music video

A rapper who bragged about defrauding the government’s unemployment program in a music video has been arrested on federal charges of carrying out the...

US arrests members of international money laundering group QQAAZZ

The US Department of Justice has unsealed charges against 14 members of an international money laundering group known as QQAAZZ. US authorities said the group...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks