Executive Order Number 6: Buhari Places 50 High-Profile Nigerians With N50 Million Assets Value Under Watch List

By CLEMENT NWOJI , Abuja

The Federal Government has placed 50 high-profile Nigerians with assets value of N50 Million and above under security watch list apart from restricting them from traveling out of the country.

In addition, it has directed relevant agencies to investigate the persons and monitor their financial transactions to prevent dissipation of the said assets and funds.

The Presidency through a statement by the Senior Special Adviser to President Muhammadu Buhari, Garba Shehu, on Saturday, explained that the actions were taken through the enforcement of Executive Order Number 6.

He said: “To this end, a number of enforcement procedures are currently in place by which the Nigeria Immigration Service and other security agencies have placed no fewer than 50 high profile persons directly affected by EO6 on watch-list and restricted them from leaving the county pending the determination of their cases.

“It is instructive to note that EO6 was specifically directed to relevant law enforcement agencies to ensure that all assets within a minimum value of N50 million or equivalent, subject to investigation or litigation are protected from dissipation by employing all available lawful means, pending the final determination of any corruption-related matter.”

The full statement is as below:

STATE HOUSE PRESS RELEASE

PRESIDENT BUHARI DIRECTS IMPLEMENTATION OF EO 6 IN FULL FORCE

Following the instant judicial affirmation of the constitutionality and legality of the Executive Order 6 (EO6), President Muhammadu Buhari has mandated the Attorney-General of the Federation and the Minister of Justice to implement the Order in full force.

To this end, a number of enforcement procedures are currently in place by which the Nigeria Immigration Service and other security agencies have placed no fewer than 50 high profile persons directly affected by EO6 on watch-list and restricted them from leaving the county pending the determination of their cases.

Also, the financial transactions of these persons of interest are being monitored by the relevant agencies to ensure that the assets are not dissipated and such persons do not interfere with, nor howsoever corrupt the investigation and litigation processes.

It is instructive to note that EO6 was specifically directed to relevant law enforcement agencies to ensure that all assets within a minimum value of N50 million or equivalent, subject to investigation or litigation are protected from dissipation by employing all available lawful means, pending the final determination of any corruption-related matter.

The Buhari administration reassures all well-meaning and patriotic Nigerians of its commitment to the fight against corruption, in accordance with the 1999 Constitution (as amended) and the general principles of the Rule of Law.

Accordingly, this administration will uphold the rule of law in all its actions and the right of citizens would be protected as guaranteed by the Constitution.

We, therefore, enjoin all Nigerians to cooperate with the law enforcement authorities towards ensuring a successful implementation of the Executive Order 6 which is a paradigm-changing policy of the Federal Government in the fight against corruption.

Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

October 13, 2018