Section 21: Power of the Central Bank to compound proceedings, etc.

(1) Subject to subsection (2) of this section, the Central Bank may-
(a) without prejudice to the provisions of section 174 of the Constitution of the Federal Republic of Nigeria 1999, (which relate to the power of the Attorney-General of the Federation to institute, continue or discontinue criminal proceedings against any person in any court of law), stay or compound any proceedings for an offence or for the forfeiture of any goods under the provisions of this Act; or
[Cap. C23.]
(b) subject to the approval of the Minister, restore any goods forfeited pursuant to the provisions of this Act.
(2) The powers conferred on the Central Bank under this section shall be exercised so as not to defeat the objects of this Act.