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ICPC seizes 44 assets worth N14.7bn in Nigeria’s federal capital

Constituency project hospital equipment recovered from private home in Akwa Ibom

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has seized 44 assets in the Federal Capital Territory valued at N14.7bn.

Spokesperson of the anti-graft agency, Rasheedat Okoduwa, made this disclosure in a statement issued on Friday in Abuja.

Okoduwa said the assets comprised two mansions, 27 pieces of land, one factory building and 15 buildings at Asokoro, Maitama and other districts.

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According to her, the assets were linked to 32 corporate entities. She added that the seizures followed the denial of ownership by the supposed owners.

She said: “The commission, in collaboration with the Federal Inland Revenue Service, had found that the entities had N883.7m tax liability on the seized properties.

“The seizure is based on Section 45(4) of the Corrupt Practices and Other Related Offences Act.”

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