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...

GUY SCOTT,BECOMES ZAMBIA'S /AFRICA'S FIRST WHITE PRESIDENT IN 20 YEARS.

Zambia's Vice President Guy Scott (L) listens as U.S. President Barack Obama (not pictured) speaks, at the first Leaders' Session of the U.S.-Africa Leaders Summit, at the State Department in Washington, in this August 6, 2014 file picture. REUTERS-Larry Downing-Files                  70  year old Guy Scott becomes Africa first white head of state in 20 years today wednesday after the president of Zambia Michael Sata {king cobra}died in London hospital aged 77.Guy Scott,is a Cambridge educated economist born to Scottish parents,had been Michael Sata's Vice President .He will be interim leader until an election in three months,making him the first white Africa leader since South Africa's F.W de Klerk lost to Nelson Mandela in the 1994 election that ended apartheid.Guy Scott is ineligible to run for the presidency in the election because of citizenship restrictions leaving Defense minister Edgar Lungu and Finance Minister Alexander Chikwanda the most likely contenders for the ruling patriotic frount party's ticket.According to Guy Scott,he said ''Election for the office of president will take place within 90 days.In the interim,i am acting president.The period of National mourning will start today.We will miss our beloved president and comrade''.More pictures below.                                                                                                   Zambia's President Michael Chilufya Sata waits to address the 68th session of the United Nations General Assembly at the U.N. headquarters in New York, September 24, 2013.  REUTERS-Ray StubblebineA man walks past the King Edward VII Hospital, in central London October 29, 2014.  REUTERS-Peter NichollsZambia's President Michael Chilufya Sata addresses the 68th United Nations General Assembly at the UN headquarters in New York, in this September 24,2013 file picture. REUTERS-Justin Lane-Pool-Files

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