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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AUSTRALIA'S RESOLUTE MINING CONFIRMS CEO AND TWO OTHER EMPLOYEES DETAINED IN MALI. (PHOTO).

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 Australia's Resolute Mining confirms CEO and two other employees detained in Mali


Australian gold miner Resolute Mining, confirmed on Sunday that the company's CEO Terence Holohan and two other employees have been temporarily detained by government officials in Mali, Reuters reported.


The executives were in Bamako to hold discussions with the mining and tax authorities regarding general activities related to the company's business practices in Mali.


"Following the conclusion of these meetings on Friday, the three employees were unexpectedly detained," Resolute said in a statement.


"While Resolute is working toward a settlement with the Government of Mali to help secure the long-term future of the Syama Gold Mine, the utmost priority remains the safety and wellbeing of its employees."

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