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Proceeds of Crime Amendment Bill scales second reading
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Proceeds of Crime Amendment Bill scales second reading
The Proceeds of Crime (Recovery and Management) Bill 2025 has scaled second reading in the Senate. This bill amends the existing Proceeds of Crime Act 2022 to enhance transparency, accountability, and efficiency in the management of national assets recovered from unlawful activities. The bill sponsored by Senator Idiat Adebule, representing Lagos West, proposes the establishment of a central agency to take over the management and disposal of rec…
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