ECONOMIC AND FINANCIAL CRIMES COMMISSION (ESTABLISHMENT) ACT

Section 20: Forfeiture after conviction in certain cases.

2004Section 20 of 47Federal Republic of Nigeria

(1) A person convicted of an offence under this Act shall forfeit to the Federal Government-
(a) all the assets and properties which may or are the subject of an interim order of the Court after an attachment by the Commission as specified in section 26 of this Act;
(b) any asset or property confiscated, or derived from any proceeds the person obtained, directly or indirectly, as a result of such offence not already disclosed in the Assets Declaration Form specified in Form A of the Schedule to this Act or not falling under paragraph (a) of this subsection;
(c) any of the person's property or instrumentalities used in any manner to commit or to facilitate the commission of such offence not already disclosed in the Declaration of Assets Form or not falling under paragraph (a) of this subsection.
(2) The Court in imposing a sentence on any person under this section, shall order, in addition to any other sentence imposed pursuant to this Act, that the person forfeit to the Federal Government all properties described in subsection (1) of this section.
(3) In this section, "proceeds" means any property derived or obtained, directly or indirectly, through the commission of an offence under this Act.

Cite this section

Section 20, ECONOMIC AND FINANCIAL CRIMES COMMISSION (ESTABLISHMENT) ACT (2004).

https://repo.podus.ai/laws/economic-and-financial-crimes-commission-establishment-act/section/20/