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Sale of forfeited assets: More voices favour disclosures, transparency

Lawyers have continued to sing discordant tunes over the legal and proper procedure to adopt in disposing of recovered properties suspected to be from proceeds of crime, which were forfeited to the Federal Government.

This is after sheer lack of trust in the Economic and Fiscal Crimes Commission (EFCC’s) reports on recovered looted funds and properties, as well as, in the Federal Government’s ability to sell in a transparent and accountable manner.

It was Ekiti State Governor, Ayodele Fayose, who charged government to publish the list of owners of recovered assets before they are disposed of, as well as, the names of new buyers.

While some legal practitioners are of the view that the President Muhammadu Buhari-led government cannot be trusted to do the right thing because of the secrecy that has shrouded the management of these recovered assets (both cash and landed properties), others insist that the government should not be dictated to on how to execute the sales.

The Guardian, February 25, 2018

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com