Stop Sealing Assets of Suspects – Falana🗣 Tells EFCC
A Senior Advocate of Nigeria (SAN), Mr Femi Falana, on Sunday advised the Economic and Financial Crimes Commission (EFCC) to stop sealing up assets belonging to suspects of financial crimes.
The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria.’
The News Agency of Nigeria (NAN) reports that the compendium, which highlights high-profile corruption cases and their implications on the economy was compiled by Human and Environmental Development Agenda (HEDA), a Civil Society Organisation.
Falana said sealing up of properties while cases were still pending in courts did not do the public any good as the assets waste away with no economic value.
The lawyer said it would be good if those assets were put into use by the EFCC, pending the final determination of the cases in which they were linked.
“I do not subscribe to the locking up of assets or properties while a case is still pending in court. I do not think the EFCC or other anti-corruption agencies should be doing that.
“If somebody has stolen money to build a hospital, just like the one on Adeniyi Jones in Ikeja, somebody was alleged to have stolen to build the hospital worth about N2.5billion, which is sealed now.
“For me,you are not doing the public any good by just locking up the place and by putting your inscription: ‘Under Investigation’.
“Why don’t you allow it to function so that the place can benefit the people, because it is already acquired for public purpose."
A Senior Advocate of Nigeria (SAN), Mr Femi Falana, on Sunday advised the Economic and Financial Crimes Commission (EFCC) to stop sealing up assets belonging to suspects of financial crimes.
The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria.’
The News Agency of Nigeria (NAN) reports that the compendium, which highlights high-profile corruption cases and their implications on the economy was compiled by Human and Environmental Development Agenda (HEDA), a Civil Society Organisation.
Falana said sealing up of properties while cases were still pending in courts did not do the public any good as the assets waste away with no economic value.
The lawyer said it would be good if those assets were put into use by the EFCC, pending the final determination of the cases in which they were linked.
“I do not subscribe to the locking up of assets or properties while a case is still pending in court. I do not think the EFCC or other anti-corruption agencies should be doing that.
“If somebody has stolen money to build a hospital, just like the one on Adeniyi Jones in Ikeja, somebody was alleged to have stolen to build the hospital worth about N2.5billion, which is sealed now.
“For me,you are not doing the public any good by just locking up the place and by putting your inscription: ‘Under Investigation’.
“Why don’t you allow it to function so that the place can benefit the people, because it is already acquired for public purpose."
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