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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EFCC TO LAUNCH STRATEGIC PLAN.{PHOTO}.#PRESS RELEASE.

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EFCC to Launch Strategic Plan 


The Economic and Financial Crimes Commission, EFCC, has concluded plans to officially unveil its strategic plan (2021-2025). 


The plan launch is in line with its mandate to investigate, prosecute and prevent economic and financial crimes and recover the proceeds of crime in Nigeria, 


The event takes place tomorrow, September 29, 2021 at the EFCC Headquarters, Abuja. 


According to the Executive Chairman of the Commission, Abdulrasheed Bawa, the plan is in line with the five pillars of the national anti-corruption strategy of the Federal Republic of Nigeria.

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