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First with the News

FG Begins Sale of Diezani’s jewellry, Badeh’s House, Other Forfeited Assets

The sale comes just months after President Buhari inaugurated an inter-ministerial committee on the disposal of assets forfeited to the federal government.

February 3, 2021
in Economy, Top Stories
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FG Begins Sale of Diezani jewellry Badehs House Other Forfeited Assets

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The federal government, has commenced the process of selling final forfeited assets in 25 locations across the country.

This was made known by the chairman of inter-ministerial committee on the disposal of assets forfeited to the federal government, Dayo Apata.

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President Muhammadu Buhari had on November 9, inaugurated the committee following a presidential directive of October 27, recognising the need for the office of the attorney-general of the federation to coordinate and oversee a uniform process or common platform for the recovery, management and sale of all assets forfeited to the federal government.

READ ALSO: In Spirit Of Lent, Ramadan, ECOWAS Lifts Sanctions On Niger, Others

Apata who said the assets recovery and disposal process were part of the administration of criminal justice, revealed that some of the assets to be sold include landed properties, plants, machinery, motor vehicles, jewellery, etc.

“It needs to be emphasized that asset recovery and disposal constitutes an integral part of the administration of criminal justice which are all within the purview of the Hon. Attorney-General of the Federation,” he said.

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