FG records huge success in anti-corruption war, traces forfeited assets to 25 locations in Nigeria

FG records huge success in anti-corruption war, traces forfeited assets to 25 locations in Nigeria

– The federal government has commenced the process of recovering assets secured by court orders

– The recovery process is being spearheaded by an inter-ministerial committee on the disposal of assets forfeited

– A member of the committee, Dayo Apata, said the team is prepared to carry out its duty diligently

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The Nigerian government has said assets forfeited by treasury looters have been located in 25 different locations in the country.

The Solicitor-General of the Federation (SGF), Dayo Apata, made the disclosure in an address to journalists on Tuesday, February 2.

FG says it has traced forfeited assets to 25 locations in Nigeria

The anti-corruption war has been one of the main focuses of the Buhari administration.
Photo: Femi Adesina
Source: Facebook

He said the forfeited assets consisted of landed properties, plants, machinery, motor vehicles, electronics, furniture and equipment, water vessels, jewelry, among other valuables.

According to Vanguard, Apata said the inter-ministerial committee on the disposal of assets forfeited is still updating the list of assets that have been finally forfeited to the federal government.

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He told the press that the committee has visited the location of the forfeited assets to confirm their existence and to ascertain their current state.

Apata said:

“The committee remains highly committed to ensuring a radical departure from the past by ensuring that government receives adequate value for forfeited assets and also to ensure that the assets are neither misappropriated nor mismanaged, but are dealt with for public good.”

Meanwhile, the presidency has blamed Nigerians for the poor ranking of the country on the Transparency International corruption list in which Nigeria was declared second most corrupt.

Speaking on Channels TV on Monday, February 1, Garba Shehu, a media aide to President Muhammadu Buhari, said the ranking is not reflective of the current state of the country.

Shehu said the index by TI is not a judgment on Buhari or his administration or its war against corruption, adding that ranking was based on the Nigerian culture.

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In another report, a former governor of Zamfara state, Abdulaziz Yari, has challenged the judgment of a court which ordered him to forfeit the sum of N248m to the federal government.

A spokesperson to Yari, Mayowa Oluwabiyi, disclosed in a statement on Sunday, January 31, that the former governor has appealed against the judgment, The Punch reported.

Oluwabiyi stated that Yari declared all the companies and businesses he had to the Code of Conduct Bureau (CCB) on the assumption of office and therefore has nothing to hide.

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