26/05/23
SHINA J.O
President Muhammadu Buhari on Friday received an asset declaration form from the Code of Conduct Bureau.
The form was presented to the President inside the Presidential Villa in Abuja by the Chairman of the Code of Conduct Bureau, Professor Muhammad Isa, who visited the State House with other leaders of the CCB.
This is compliance with the provision of the constitution which stipulates that all public officers shall declare their assets and liabilities on the assumption of office and at the end of their tenure of office.
However, the president-elect, Bola Tinubu, the vice president-elect, Kashim Shettima and 28 incoming governors and their cabinet members as well as the state assembly members are also expected to submit their assets forms to the CCB.
They are also required to state all properties and assets acquired within or outside the country with the value of the said assets in the currency of the country where the property is situated.
According to the guidelines published on the CCB website, failure to declare the assets may result in removal from office; vacation of the official seat in any legislative house, as the case may be; imposition of fine; disqualification from membership of a legislative house and from holding of any public office for a period not exceeding 10 years and seizure and forfeiture of any property acquired in abuse or corruption of office.
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