LAGOS HOTEL, 3 OTHER PROPERTIES FORFEITED BY DRUG KINGPINS AUCTIONED AT N6.1BILLION.(PHOTOS). #PRESS RELEASE.

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 Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1billion *- It’s a clear message that cartels won’t be allowed to enjoy proceeds of their criminal trade, says Marwa*  A Lagos hotel and three other properties seized from drug kingpins by the National Drug Law Enforcement Agency (NDLEA) and forfeited to the Federal Government through court processes have been auctioned for the sum of Six Billion One Hundred and Forty- Eight Million Nine Hundred and Sixty-Four Thousand Naira (N6,148,964,000.00) only. This was the outcome of a competitive bid process for the sale of eight assets forfeited by drug barons in parts of the country. While bidders who offered above reserved prices emerged winners of four of the listed properties, bids for four others failed because none offered up to the reserved prices. Announcing the winning bids at the bid opening ceremony attended by representatives of ICPC, Civil Society Organisations, auctioneers and bidders at the NDLE...
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MOHAMMED ABACHA,DISCHARGED BY F.H.C,FOR N100.38 BILLION SCAM.

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            According to a national news paper,a Federal capital territory High court today wednesday,discharged Mohammed Abacha,son of late former military Head of state,General Sani Abacha for allegefly receiving N100.38 Billion worth of stolen property.The office of the Attorney General of the Federal Government had filed a nine count charge against Abacha,but Justice Mamman Kolo of the FCT High court discharge Mohammed Abacha after Federal Government's counsel,Enwelum made an oral application asking the court to withdraw the criminal charges against the suspects.The Judge also granted the application for discontinuation of trial,which was not opposed by the defense counsel  ,Mr Abdullahi Haruna.At the resumed hearing of the case,the Federal Government counsel told the court that he was instructed by the Attorney General of the Federation  {AGF} to withdraw the charges.The prosecution thereafter filed a notice of discontinuation of the case      

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