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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, shall be forfeited to the Federal Government.

(2) The Commission shall, through the office of the Attorney-General of the Federation, ensure that the forfeited assets or properties are efficiently transferred and vested in the Federal Government.

See also  Section 7 Nigerian Land Use Act

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