The Federal Executive Council has approved a bill that seeks to , among other things , create an agency that will be saddled with the responsibility of managing proceeds of crimes in Nigeria .
With Wednesday ’ s approval of the bill titled ‘ Proceeds of Crime Recovery and Management Agency Bill, ’ the Attorney -General of the Federation , Abubakar Malami (SAN ), was directed to transmit same to the National Assembly for the purpose of passing it into law.
Malami disclosed this to State House correspondents at the end of the weekly meeting of the council presided over by the President , Major General Muhammadu Buhari (retd . ).
Buhari presided over the virtual meeting from the Council Chamber of the Presidential Villa , Abuja with some ministers in attendance while others participated from their offices .