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...

BENUE ASSEMBLY SUSPENDS ALL 23 LG CHAIRMEN.(PHOTO).



 BENUE ASSEMBLY SUSPENDS ALL 23 LG CHAIRMEN


21st June, 2023 

The Benue State House of Assembly has taken a decisive step by demanding the immediate suspension of all 23 local government chairmen in the state.

This action follows the establishment of an ad hoc committee tasked with investigating the chairmen for allegations of financial recklessness.

Honorable Peter Ipusu, the chairman of the committee, presented the findings and recommendations during a session in the House on Wednesday.

The ad hoc committee was set up by the Benue State House of Assembly to thoroughly investigate the local government chairmen and their financial activities. The probe was initiated due to concerns of mismanagement and improper use of public funds. Honorable Peter Ipusu, as the committee chairman, spearheaded the investigation, gathering evidence and conducting interviews to determine the veracity of the allegations.

During a session in the House, Honorable Peter Ipusu presented the comprehensive report compiled by the ad hoc committee. The report detailed the findings and conclusions reached after a thorough examination of the local government chairmen’s financial transactions.

The investigation aimed to ascertain whether there were any acts of financial recklessness or malfeasance committed by the chairmen.

Based on the report presented by Honorable Peter Ipusu, the Benue State House of Assembly has called for the immediate suspension of all 23 local government chairmen pending further action.

The decision to suspend the chairmen was reached after careful consideration of the committee’s findings and recommendations. The Assembly intends to ensure accountability and uphold the principles of transparency and good governance in the management of public funds.
One more photo below. 

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