Iceberg3:



Na wao.

Kingspin:
You not said anything

Jaspaman:
Did he even know what he signed .

Somebody say sai baba!!

Exc2000:


why didn't Buhari send the executive order to the senate as an executive bill so that we can have a proper law regarding it

Now Buhari clearly wants to use Prof Agboola Gambari's international diplomatic connections and knowledge to go after looted foreign asset of politicians...

If i work abroad and get my asset over there, who the fvck is Nigerian Government to make me declare it? did I make the money in Nigeria

.

todaynewsreview:
President Muhammadu Buhari, has signed the Executive Order 008 on Voluntary Offshore Assets Regularization Scheme (VOARS), of October 2018.

As a result of stakeholders input and need to strengthen implementation mechanisms and structures, the Order was reviewed. Consequently, the Amendment to Executive Order 008 of 2008 was signed on 20th May, 2020, by President Buhari.

Dr. Umar Jibrilu Gwandu, Special Assistant ( Media) to the Honourable Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) made this known in a statement issued on Thursday, 21st May, 2020.

The statement disclosed that, the Executive Order 008 as amended, mandated the Attorney General of the Federation to set up and implement a Voluntary Offshore Assets Regularization Scheme (hereinafter referred to as “VOARS”). VOARS gives all relevant persons and their intermediaries who have defaulted in declaration of their offshore assets, the opportunity to voluntarily declare and regularize their offshore assets, subject to fulfillment of the terms and conditions stipulated in the Order and other subsequent regulations.

“In order to ensure seamless exchange of information, VOARS will work closely with Nigeria Financial Intelligence Unit (NFIU) which has worldwide access to relevant financial information”.
FGN hopes that relevant persons amongst Nigerians, Nigerian entities and their intermediaries will seize the opportunity provided by VOARS to declare and regularize their offshore assets before it is too late. Relevant persons who voluntarily declare their offshore assets and pay the stipulated levy to FGN will receive compliance certificates which allows them to use their residual assets freely without hindrance. The recoveries accruing to FGN will be used for essential infrastructure development for benefit of Nigerians.

For defaulters who may be tempted to continue concealment of their offshore assets, Executive Order 008 as amended stipulates that “any domestic or foreign bank, asset manager or intermediary that cooperates with defaulters, enabling them to conceal offshore assets and obligations pertaining to them shall, upon discovery, be liable to pay FGN a penalty on the total of such offshore assets, in addition to other penalties provided for under Nigerian laws or laws of foreign countries from which Nigeria can benefit.”

Ogundoro Modupe
Deputy Director (Information)
21st May, 2020.

https://fmic.gov.ng/president-buhari-signs-amendment-to-2018-executive-order-008-on-voluntary-offshore-assets-regularization-scheme-voars/

EVILFOREST:
Sai MaMa
Ride on
One day you will sign an EXECUTIVE ORDER to usher in an Expatriate Leadership into Nigeria and Nigeria will be great again, since we can't govern ourselves again

NaijaOlosho:
Has he read what he signed

Iceberg3:



Na wao.

PigTormentor:



No, may be Namdiot Lamidi Coward Cownu can explain it better to his blodas.

EVILFOREST:
Sai MaMa
Ride on
One day you will sign an EXECUTIVE ORDER to usher in an Expatriate Leadership into Nigeria and Nigeria will be great again, since we can't govern ourselves again

nedekid:

Aunty, no vex, true true are you an olosho?

nedekid:

Aunty, no vex, true true are you an olosho?

EasternActivist:
Thank God for this.
At least one good policy against the corrupt elites

wink2015:


BUHARI IS FIGHTING CORRUPTION BUT AT THE SAME TIME CREATING LOOPHOLES FOR CORRUPTION IN THE FEDERAL GOVERNMENT e.g the school feeding program that is managed by his kinsmen Minister Farooq.

All this laws will die at the expiration of Buhari government.

What nonsense ?