The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede on Tuesday, handed over 753 units of houses recovered by the Commission at Plot 109 Cadastral Zone, Lokogoma District, Abuja to the Ministry of Housing and Urban Development.
The property, measuring 150,500 square metres and containing 753 Units of duplexes and other apartments, was recovered based on a final forfeiture order granted by Justice Jude Onwuegbuzie of the Federal Capital Territory, High Court Abuja on Monday, December 2, 2024.
While handing over the property, Olukoyede reiterated the commitment of the EFCC to accountable asset recovery and disposal modalities,
Olukoyede stated that such gestures are meant to “demonstrate to Nigerians that whatever proceeds of crime recovered in the course of EFCC’s operation will be made transparent to Nigerians to stop looted assets form being relooted.
Olukoyede commended President Bola Tinubu’s stance on the fight against corruption, affirming that the handover of the property signaled government’s seriousness in the fight against economic and financial crimes and other acts of corruption.
MUST READ: Bill to strip EFCC, ICPC of asset management powers scales second Senate reading
The handover took place in a brief ceremony at the Ministry of Housing and Urban development’s headquarters in Mabushi, Abuja where the Minister, Ahmed Dangiwa, commended the EFCC for its sustained commitment to asset recovery and anti-corruption.
He further stated that the handover was a “significant milestone in the collective efforts and determination to ensure that recovered assets are put to productive use in ways that directly benefit Nigerians.
Dangiwa assured that the Federal Ministry of Housing and Urban Development will conduct a joint familiarization tour of the estate, alongside the EFCC to properly access the structural state of the Estate
(Editor: Anoyoyo Ogiagboviogie)
