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"content": "The justification for this amendment is that the Proceeds of Crime and Anti-Money Laundering Act, 2009 establishes the Asset Recovery Agency as a semi-autonomous body under the office of the Attorney-General. The establishment of this Agency as body corporate means that the Agency will be more independent and self-governing. I am happy the Chairman of Public Accounts Committee (PAC) is sitting here. The Asset Recovery Agency is a very important institution. It cannot just be a small department under the office of the Attorney- General. We want to create the Financial Reporting Centre as an independent institution by having a body called Asset Recovery Agency in the war against corruption."
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