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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AL-QAEDA RAID IN AN HOTEL YESTERDAY NIGHT,LEFT 20 PEOPLE DEAD IN BURKINA FASO.

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                 Security forces ended a siege by al-Qaeda fighters at Splendid Hotel in Burkina Faso's capital today saturday,killing three islamist gunmen and freeing 126 hostages.At least 20 people are believed to have been killed in the attack on the hotel which began late yesterday friday.Al-Qaeda in the Islamic Maghreb {AQIM} claimed responsibility for the raid.Simone Compaore said operations were still under way at a second hotel nearby,the Hotel Yibi and security forces were trying to determine if some of the fighters were hiding there.According to the Minister,''The operations at the Splendid Hotel and the nearby Restaurant Cappuccino have ended.126 hostages were freed,among them 33 were wounded.Three jihadists were killed.They are an Arab and two black Africans'.More photos below.                                                                                                                                                  

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