PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT
Section 72: Authorisation of expenditures for approved programmes of relevant organisation.
1 Subject to approval by the National Assembly, the President may authorise money in the Confiscated and Forfeited Properties Account to meet approved programmes of the relevant organisations.
2 The President may approve expenditure out of the Confiscated and Forfeited Properties Account for any one or more of the following purposes—
a judicial, criminal justice reform and crime prevention measures;
b law enforcement measures;
c measures relating to treatment of drug addiction;
d measures outlined for the rehabilitation of victims of human trafficking;
e education, health, youth development, mass housing, rural electrification, agricultural reform, water and sanitation;
f measures relating to the compensation and rehabilitation of victims of terrorist activities;
g Humanitarian and social investment programmes;
h tracing and recovery of assets and management of the assets and properties to ensure its preservation;
i legal fees and expenses anticipated under this Act;
j major infrastructure reforms; and
k such other development programmes, as may be approved by the Federal Executive Council or the National Assembly.
Cite this section
Section 72, PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT (2022).
https://repo.podus.ai/laws/proceeds-of-crime-recovery-and-management-act/section/72/