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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COUP UPDATE: GABON PRESIDENT PLACED UNDER HOUSE ARREST. (PHOTO).

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Coup Update: Gabon President placed under house arrest arrest

30th Aug 2023 

Gabonese President Ali Bongo Ondimba is under house arrest and one of his sons has been arrested for “treason”, military officers said Wednesday, hours after announcing they had overthrown the government.

“President Ali Bongo is under house arrest, surrounded by his family and doctors,” they said in a statement read out on state TV.

Bongo’s son and close adviser Noureddin Bongo Valentin, his chief of staff Ian Ghislain Ngoulou as well as his deputy, two other presidential advisers and the two top officials in the ruling Gabonese Democratic Party (PDG) “have been arrested,” a military leader said.

They are accused of treason, embezzlement, corruption and falsifying the president’s signature, among other allegations, he said.

Earlier on Wednesday, military officers said they had toppled Bongo, who has been in power for 14 years, hours after he had been declared the victor in Saturday’s elections.

In a televised statement, they said the vote results had been cancelled and “all the institutions of the republic” dissolved.(CHANNELSTV)

•Gabon’s President Ali Bongo looks on during the One Forest Summit at the Presidential Palace in Libreville on March 2, 2023. – Gabonese President Ali Bongo Ondimba announced on July 9, 2023 that he would run for a third term in the presidential election on 26 August. (Photo by LUDOVIC MARIN / AFP)


 

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