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unexplained wealth

EFCC demands law prohibiting unexplained wealth

Unexplained wealth should be confiscated to help curb illicit financial flow and other corrupt practices, argues the EFCC  The Economic and Financial Crimes Commission (EFCC) has called for the adoption of the Unexplained Wealth Order (UWO), which mandates people to reveal the sources of their unexplained wealth. According to the EFCC chairman, Mr. Ola Olukoyede, establishing legislation against unexplained wealth will check fraud, corruption and other criminal activities in the country. He urged this while...

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