Rep Seeks 20 years Jail Term For Financial Crimes

                   

The House of Representatives wants persons convicted of economic and financial crimes to be jailed for 20 years.

According to Punch, this is part of the details of the new amendments to the Economic and Financial Crimes Commission Act, 2004,
The Act currently prescribes a penalty of “not less than two years” for economic and financial crimes.
Lawmakers consider this to be “lenient” for the serious crime of stealing public money or other forms of financial crimes.