Declaration of Asset: Senate Extends Asset Declaration to Financial Institutions

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Senate

The Bill for Act to extend Asset Declaration to Financial Institutions scaled Second Reading on Tuesday at the National Assembly.

In his lead debate, Sponsor of the bill, Senator Sani Musa says the bill will provide the necessary legal framework regarding assets declaration of employees all the financial institutions which will be regulated by the relevant and statutory regulator of the specific sector.

The Lawmaker representing Niger East further states that the bill will further unburden the office of the Secretary to the Government of the Federation of the responsibility of keeping records of declared assets by Nigeria.

The bill scaled second reading without being debated on the floor of the red chamber.

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