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Group condemns bill seeking amnesty for treasury looters

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The Ummah Movement under the National Islamic Centre (NIC), has condemned the bill before the National Assembly seeking to grant amnesty to treasury looters.

Dr Muhammad Babangida-Muhammad, the NIC Amir, made this known on Monday in a statement made available to Newsmen in Zaria, Kaduna State.

“The Ummah Movement is saddened by and condemns in totality the first reading of a draft bill now before the National Assembly.

“The bill reads: A Bill for an Act to Establish a Scheme to Harness untaxed Money for Investment Purposes and to assure any Declarant Regarding Inquiries and Proceedings under Nigerian Law and for other Matters Concerned Therewith.

“The Ummah Movement rejects the spurious and self-serving reasons for the bill and urges all Nigerians of good will to condemn it and the National Assembly to abandon and cancel its second reading,” it said.

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The group stressed that the greatest tragedy that could befall a nation, was when people who could stop evil fail to act rightfully.

It said that the passage of the bill would only give legal backing to corruption in the nation.

“All elected representatives who support this obnoxious bill will be noted by Nigerian voters as supporters and promoters of treasury looters.

“Supporters of this bill are enemies of the welfare of Nigerian citizens and eligible to be voted out of office at the next election or be recalled immediately,” it stressed.

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According to the Bill sponsored by the member representing Ohaukwu/Ebonyi federal constituency of Ebonyi State, Hon. Linus Okorie, it is expected to operate for three years from the date of commencement, with the ‘establishment of the Voluntary Taxable income Recovery and Amnesty scheme’

The Bill will be listed for second reading, immediately the House resumes from its Sallah break.

The Bill seeks to provide a legal framework for amnesty to persons with illegally acquired wealth, who are willing to voluntarily declare and invest the fund in the economy.

If eventually passed into law, past and present public officers, who have looted the treasury and other Nigerians, with fraudulently acquired wealth would be granted amnesty if they voluntarily declare their loots and invest same in the economy.

Many well meaning Nigerians have also spoken against the bill which is currently before the National Assembly.

 

 

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