PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT

Section 30: Application for forfeiture of seized or detained cash.

2022Section 30 of 83Federal Republic of Nigeria

1 Where cash is detained under section 27 of this Act, an application for forfeiture of the whole or part of the cash may be made to the Court by the relevant organisation.

2 The Court may order forfeiture of cash or any part of the cash, where it is satisfied that the cash is proceeds of unlawful activity, is intended to be an instrumentality of an unlawful activity.

3 Where an application for forfeiture of cash has been refused, the cash shall not be released until all proceedings, including proceedings on appeal are concluded.

Cite this section

Section 30, PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT (2022).

https://repo.podus.ai/laws/proceeds-of-crime-recovery-and-management-act/section/30/