Wednesday, 8 April 2015

TUC Calls for Enactment of Law to Try People with Unexplainable Wealth

TUC Calls for Enactment of Law to Try People with Unexplainable Wealth

The Trade Union Congress, (TUC), Rivers State chapter, has advocated for a law to try people who suspected of amassing wealth they cannot explain its source.

Chairman of the TUC in Rivers State, Chika Onuegbu, said TUC wants the law to come to effect when Muhammadu Buhari takes over power.

Onuegbu also said such law would help to check the tendencies of Nigerians acquiring illegal wealth at the detriment of the ordinary people.

“The offence of unexplained wealth also called possession of unexplained wealth will penalise people for possessing wealth disproportionate to their own lawful sources of income if they cannot provide the satisfactory explanation of the wealth. It has been recognised as one of the best practises to combat corruption.  Also in Hong Kong where it has existed for nearly 40 years, the court of appeal has proved its effectiveness against corruption, and moreover the United Nations convention against corruption also encourages the establishment of such an offence,” Onuegbu said.

He also called on the president-elect, Buhari, to look into ways of stopping wastage of public funds by those in government.

1 comment:

  1. I will like that law very well. When is it coming please?


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