Proceeds of Crime: FG Recovers Over N120Bn
The Federal Government (FG) stated that it had recovered over N120 billion from the proceeds of crime, following the implementation of the Proceeds of Crime (Recovery and Management) Act (POCA), 2022 which was signed by President Muhammadu Buhari on May 12, 2022, along with the Money Laundering (Prevention and Prohibition) Bill, 2022 and the Terrorism (Prevention and Prohibition) Bill, 2022. This was disclosed on Wednesday in Abuja by Lai Mohammed, the Minister of Information and Culture during the 8th edition of the ‘PMB Administration Scorecard Series (2015-2023).