The State Assets Recovery Act 2017 (Part I)

During the last week, there were two items making the international news headlines on the corruption front. First, the authorities in Nigeria seized US$43.4 million in cash during a raid on an apartment building in Lagos after a resident reported suspicious movement of bags in and out of the building. Investigators found the money in sealed plastic wrappers hidden in filing cabinets and panels in a wardrobe. The Nigerian President took swift action and suspended the head of the National Intelligence Agency for keeping unauthorised cash in a private home. He also ordered an investigation into the allegations of violations of law and due process against the Secretary to the Government of the Federation in the award of contracts, and directed that the official be