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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ASSETS DECLARATION: COURT OKAYS HEARING OF SUUT AGAINST INEC CHAIRMAN,YAKUBU. (PHOTO).

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Assets Declaration: Court Okays Hearing Of Suit Against INEC Chairman, Yakubu

Ahead of the 2023 general elections, the Federal High Court sitting in Abuja has okayed the hearing of a suit seeking to compel the Chairman of the Independent National Electoral Commission, INEC, Professor Mahmud Yakubu, to declare his assets.

The suit marked FHC/ABJ/CS/33/2021, was brought before the court by a citizen, Hon. Emmanuel Agonsi.

Whereas the Code of Conduct Bureau, CCB, was cited as the 1st respondent, the INEC boss was listed as the 2nd respondent.


 

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