EFCC Commends World Bank For Stolen Asset Recovery Initiative


The Economic and Financial Crimes Commission, EFCC has commended the efforts of the Stolen Asset Recovery (STAR) Initiative of the World Bank and United Nations Office on Drugs and Crime (UNODC), while asking that it does more in recovering of assets.

The commendation was made by Head, Legal Department of the EFCC Kabir Latona at the multilateral meeting with some independent evaluators from the United States of America during the 10th Session of the Implementation Review Group, IRG and 13th Open-ended Inter-governmental working Group on Asset Recovery and 8th Expert meeting on International cooperation of the United Nations Convention Against Corruption, UNCAC, which is ongoing in Vienna Austria.

EFCC spokesperson, Tony Orilade stated that Latona disclosed that Nigeria was enjoying a robust relationship with STAR Initiative in terms of cooperation as well as training and knowledge sharing in the area of asset recovery.

He stressed the importance of STAR as an intermediary in…

Source: Leadership Newspaper