The Bill, sponsored by Senator Idiat Adebule, representing Lagos West, had passed through first and second readings, committee scrutiny, a public hearing, consideration by the Committee of the Whole, approval of all 51 clauses and third reading before the Senate Leader, Michael Opeyemi Bamidele, representing Ekiti Central, moved the motion for its rescission.
The Senate President, Godswill Akpabio, has been accused of frustrating the creation of a proposed Proceeds of Crime (Recovery and Management) Agency after the Senate rescinded its earlier passage of the Bill seeking to establish the institution.
The accusation followed the Senate’s decision to reverse its July 9, 2026 passage of the Proceeds of Crime (Recovery and Management) (Amendment) Bill, 2026, after lawmakers had earlier adopted the report of the Senate Committee on Judiciary, Human Rights and Legal Matters, which recommended the creation of a standalone agency.
The Bill, sponsored by Senator Idiat Adebule, representing Lagos West, had passed through first and second readings, committee scrutiny, a public hearing, consideration by the Committee of the Whole, approval of all 51 clauses and third reading before the Senate Leader, Michael Opeyemi Bamidele, representing Ekiti Central, moved the motion for its rescission.
