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...

MAGU TASKS COOPERATIVE SOCIETIES ON INTEGRITY AND TRANSPARENCY.{PHOTOS}.

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       The Acting Chairman of the EFCC, Ibrahim Magu, has called on members of the Federal Civil Service of Nigerian Cooperative Societies Union to be prudent and transparent in managing peoples’ resources while stressing the need for a united front in the fight against corruption.Magu who identified corruption as the root cause of poverty and the reason for series of agitations and other vices in our society, made the plea on Tuesday, October 17, 2017 while receiving a delegation of the union who were at the Commission’s Head-Office, Abuja, on a courtesy visit.More photos below.
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