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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A BORNO STATE FORMER LOCAL GOVERNMENT CHAIRMAN,RETURNS N6M TO EFCC.#POLL FRAUD.

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                                   Former Chairman of Bagoro Local Government Area of Bauchi State,Andrew Adamu,on August 15,2016,refunded the sum of N5,000,000.{Five Million Naira}to the EFCC Gombe zonal office.He had earlier made a refund of One Million Naira {1,000,000.00} out of the Twelve Million,and Sixty Thousand Naira {N12,060,000.00} that was disbursed to the local government area in the build-up to the 2015 presidential election.Adamu admitted to the zonal office of the Commission during interrogation that he signed and collected the said amount in the presence of Hon. Marcus Bulus Makama, a current member of the the Bauchi State House of Assrmbly and former caretaker chairman of the local government,Mrs Hasanna Arkila who signed as witnesses for the collection of the amount.All the suspects reported to the zonal office of the Commission,and agreed to return the money to the Commission.

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