Toward Effective Repatriation of Illegally Acquired Assets in Nigeria

No Thumbnail Available
Date
2014
Authors
Odusote, A
Journal Title
Journal ISSN
Volume Title
Publisher
University of Lagos Press, Akoka
Abstract
Repatriating looted state assets in foreign jurisdictions. it is the view of this article that the forms of proceeding available in Nigeria to recover looted assets are inadequate. The paper discusses successful assets recovery cases and the not so successful casesinvolving Nigerian corrupt officials. it also discusses the main challenges [0 assets recovery through criminal proceedings and highlights various approaches to assets recovery. The paper recommends that for effective assets recovery, Nigeria must, among others, enact forfeiture and confiscation laws that should be applied through the civil process rather than the traditional criminal justice system. The article proposes some strategies for assets repatriation, but with a caveat that the success of these proposals is contingent on strong political will on the part of the Nigerian government and its ability to constructively engage the requested state.
Description
Journal Articles
Keywords
Crimminal Proceedings , Assets Recovery Cases , Corruption , Assets Repatriation , Nigeria , Research Subject Categories::LAW/JURISPRUDENCE::Criminal law
Citation
Odusote, A (2014). Toward Effective Repatriation of Illegally Acquired Assets in Nigeria. Unilag Journal of Humanities, Vol.2(1), 129-149p.