Lagos to Implement Report on Illegal Sale of Govt Assets

Findings yesterday revealed that the Lagos State Government had resolved to implement a report recently submitted by a panel of inquiry it set up to investigate the sale of government assets between 2006 and 2016 to which the state government had lost billions of naira.

As part of the report recommendations, the panel recommended that the state government has been advised to invite the Economic and Financial Crimes Commission (EFCC) to unravel several other transactions that have been identified by the panel of inquiry.

Different sources in the State House disclosed the plan of the state government to THISDAY yesterday on the need to fully implement the report of the panel, noting that the report listed over 100 assets that were affected, the names of their buyers and the locations of the assets.

One of the government officials, who spoke with THISDAY in confidence, said the report was submitted after high-powered panel of inquiry set up in late 2016 by the state Governor, Akinwunmi Ambode, to investigate the sale of its assets in prime areas completed its work.
Thisday, August 7, 2017

 

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