Section 27 EFCC Act 2004: Disclosure of assets and properties
Section 27 EFCC Act 2004 Section 27 of the EFCC Act 2004 is about Disclosure of assets and properties by an arrested person, etc. (1) Where a person is arrested for committing an offence under this Act, such a person shall make full disclosure of all his assets and properties by completing the declaration of […]
Section 26 EFCC Act 2004: Seizure of property
Section 26 EFCC Act 2004 Section 26 of the EFCC Act 2004 is about Seizure of property. (1) Any property subject to forfeiture under this Act may be seized by the Commission in the following circumstances –(a) the seizure incidental to an arrest or search; or(b) in the case of property liable to forfeiture upon […]
Section 25 EFCC Act 2004: Further provisions as to forfeiture
Section 25 EFCC Act 2004 Section 25 of the EFCC Act 2004 is about Further provisions as to forfeiture of property. Without prejudice to the provision of any other law permitting the forfeiture of property, the following shall also be subject to forfeiture under this Act and no proprietary right shall exist in them – […]
Section 24 EFCC Act 2004: Property subject to forfeiture
Section 24 EFCC Act 2004 Section 24 of the EFCC Act 2004 is about Property subject to forfeiture. Any property- (a) Whether real or personal, which represents the gross receipts a person obtains directly as a result of the violation of this Act or which is traceable to such gross receipts; (b) Within Nigeria which […]
Section 23 EFCC Act 2004: Forfeiture of Passport
Section 23 EFCC Act 2004 Section 23 of the EFCC Act 2004 is about Forfeiture of Passport. The passport of any person convicted of an offence under this Act shall be forfeited to the Federal Government and shall not be returned to that person till he has served any sentence imposed or unless or until […]
Section 22 EFCC Act 2004: Foreign Assets
Section 22 EFCC Act 2004 Section 22 of the EFCC Act 2004 is about Foreign Assets. (1) Where it is established that any convicted person has assets or properties in a foreign country, acquired as a result of such criminal activity, such assets or properties, subject to any treaty or arrangement with such foreign country, […]
Section 21 EFCC Act 2004: Forfeited property
Section 21 EFCC Act 2004 Section 21 of the EFCC Act 2004 is about Forfeited property. For the avoidance of doubt and without any further assurance than this Act; all the propertiesof a person convicted of an offence under this Act and shown to be derived or acquired fromsuch illegal act and already the subject […]
Section 20 EFCC Act 2004: Forfeiture after conviction
Section 20 EFCC Act 2004 Section 20 of the EFCC Act 2004 is about Forfeiture after conviction in certain cases. (1) A person convicted of an offence under this Act shall forfeit to the Federal Government –(a) all the assets and properties which may or are the subject of an interim order of the Court […]
Section 19 EFCC Act 2004: Jurisdiction and Special Powers
Section 19 EFCC Act 2004 Section 19 of the EFCC Act 2004 is about Jurisdiction and Special Powers of the Court. (1) The Federal High Court or High Court of a state of the Federal Capital Territory has jurisdiction to try offenders under this Act. (2) The Court shall have power, notwithstanding anything to the […]
Section 18 EFCC Act 2004: Offences in relation to economic
Section 18 EFCC Act 2004 Section 18 of the EFCC Act 2004 is about Offences in relation to economic and financial crimes and penalties. (1) A person who, without lawful authority – (a) engages in the acquisition, possession or use of property knowing at the time of its acquisition, possession or use that such property […]