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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THREE KILLED IN TRAIN CRASH IN GERMANY. (PHOTO).

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 Three killed in train crash in Germany, police say

Three people died and several others were seriously injured when a passenger train derailed in southwestern Germany on Sunday, according to a police statement. The incident occurred between the towns of Riedlingen and Munderkingen, near the region where Germany borders France and Switzerland. About 100 passengers were on board at the time.

The train was traveling a route of roughly 90 kilometers (55 miles) between Sigmaringen and Ulm when two carriages left the tracks. Authorities are investigating the cause of the derailment. A photo from the German news agency DPA showed the carriages largely intact but jackknifed together and tipped onto their sides. Deutsche Bahn, the national rail operator, confirmed multiple injuries and expressed condolences to those affected, pledging full cooperation with investigators.


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