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CCB Reveals Those Not Mandated To Declare Their Assets Public

The public disclosure of their assets is not required of President Muhammadu Buhari, Vice President Yemi Osinbajo, or any public officials who are about to leave office.

The Code of Conduct Bureau (CCB) has revealed that there is a law that does not mandate that public officials make their asset declarations public, according to news sources.

Senior CCB officer Veronica Kato told The Punch that although the CCB Act did not require it, officials could choose to make it public on their own volition.

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According to Kato, the bureau could only release public asset declaration records in cases where a public figure was being looked into or on trial for suspected corruption involving the acquired assets.


She said: “It is not possible to make the assets declared to the CCB by these public officials public. There is a law guiding the CCB and that law does not allow us to do so. This is due to the conditions upon which the assets declaration is constituted according to the guidelines.

“The assets declaration form is to be given to the public officials on terms and conditions as prescribed by the National Assembly, and those terms and conditions, up till now, do not permit us to make it available to the public. Besides, it is a private document and it’s confidential.

“It’s a different case where there’s a petition or something of that sort demanding that a particular official’s declared assets should be made available for investigation purposes. If a public official decides on their own volition to make it public, such a person will do that. We have been established for over 25 years and we don’t make declared assets’ details public because we don’t have the power to do that.

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“For example, when the incumbent President and his deputy came into office, they decided to declare their assets publicly. That was their decision. They are also the only ones that can decide to make the assets public as they are leaving.

“Our duty is to ensure that public officials declare their assets to the CCB; we take custody of the asset declaration forms and we verify those assets, and when we see red flags, we investigate and prosecute them if we find contravention against the code of conduct rule. Those are our primary functions.”

Meanwhile, Kato said the general public can provide evidence in cases where they think public officials have acquired more properties before getting into office.


She said: “And the citizen can provide evidence to proof that such assets were acquired with illicit funds and through the abuse of their office, the citizen can write a petition to the CCB and we will investigate and compare what they declared with what they now have.

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“If we can establish beyond reasonable doubt that these things were acquired illicitly, then we go to court.”



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