May 29: Outgoing and incoming governments stall on asset declaration

By Post Nigeria May 24, 2015 14:36

May 29: Outgoing and incoming governments stall on asset declaration

The Code of Conduct Bureau has asked President Goodluck Jonathan, his Vice, and 42 Ministers in his cabinet to declare their assets.

According to a Punch report, every member of the outgoing National Assembly is also mandated to declare their assets before exiting office.

The bureau, last week, reportedly issued the Completed Assets Declaration Forms to all concerned, with a 30-day deadline to return the completed forms.

The deadline countdown starts from the day of the receipt of the forms.

Apart from the outgoing government officials, the forms have also been made available to incoming public officers, particularly members of the States and National Assembly.

The officers that will be assuming office in the incoming dispensation also have to return the completed forms within 30 days of receiving it.

The CCB, in an advertorial by its Acting Secretary, Kolade Omoyola, in some newspapers last Tuesday, had reminded “political office holders to declare their assets on assumption and vacation of office in accordance with Paragraph II of the 5th Schedule of the 1999 Constitution of the Federal Republic of Nigeria as amended.”

According to the law, failure of a public officer to declare his or her assets in line with law

“shall attract on conviction any or all of the following: (a) Removal from office (b) Disqualification from holding any public office, (c) Forfeiture to the State any property acquired in abuse of office or dishonesty.”

It was further gathered that so far, only seven senators and 40 House of Representatives members in the outgoing 7th National Assembly have submitted their forms to the bureau as required of them under the law.