Politics Reps Move To Legalise Foreign Accounts For President, Governors, Others- Leadership

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In a bid to stop the rising involvement of public office holders in corrupt activities, the House of Representatives yesterday began three amendments to the Code of Conduct Bureau Act to, among other things, make it mandatory for presidents, vice presidents, governors and other public office holders to obtain the permission of the bureau before operating foreign bank accounts.

It also seeks to expunge the provision in the Act that allows the president to amend the Act through an executive order, remove the power of the president to exempt some people from sanction by the bureau and provide for public access to declared assets.

One of the bill entitled “A Bill for an Act to Amend the Code of Conduct Bureau and Tribunal Act, 2004”, sponsored by Hon Bamidele Faparunsi (APC, Ekiti), seeks to allow public office holders operate foreign accounts since the present law that criminalises the act is not being enforced.

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