Nigerian launches central database for citizens to access details of recovered assets
London, Sep. 18, 2020 (AltAfrica)-Nigerian government on Thursday launched a Central Database to deepen transparency and accountability of recovered stolen assets.
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, explained that the initiative was to enhance easy access and coordination of assets recovered by anti-graft agencies.
Mr Malami said that the central database would help create a synergy among relevant agencies for the purpose of assets recovery and management.
According to him, it will build transparency and accountability of assets recovered within and outside Nigeria.
“The central database is a product of our commitment as a government towards the fight against corruption with particular reference to our membership of international organizations inclusive of financial action task force and open government partnerships.
“The database is intended to deepen our transparency and accountability and in so doing, we have established that commitment through inclusion of civil society organizations in our fight against corruption.”
The minister said that his office was developing a legislation for the full implementation and operation of the central criminal justice information system in order to ensure compliance.
For his part, Prof. Bolaji Owasanoye, Chairman, Independent Corrupt Practices and other related offences Commission (ICPC) said that keeping a comprehensive database of recovered assets was a key component of accountability in the fight against corruption.
Mr Owasanoye noted the need for the database to be digitized and put online to allow all anti-graft agencies and other relevant stakeholders have access to it.
He advised the government to remove the management of recovered assets from the anti-graft agencies in order to allow them focus on recovery of the assets as they were not properly equipped to manage recovered assets.
The News Agency of Nigeria reports that the formal launch of the central database is inline with the asset tracing, recovery and management regulations 2019, and the central criminal justice information system under the national anti-corruption strategy 2017 to 2021.