Nigerian Government to prevent misappropriation of forfeited assets

Peter Bahago, Abuja

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The Inter-Ministerial Committee on the Disposal of Assets Forfeited to the Nigerian Government has expressed commitment to complete its assignment within the six months time frame.

The Attorney General of the Federation and Minister of Justice, Abubakar Malami made this known at a media briefing in Abuja, Nigeria’s Capital.

“It is interesting to note that the composition of the committee cuts across institutions not only involved in the assets recovery but also institutions with special skills, competence and oversight of security over assets,” he said.

Discharge of its mandate
The Minister explained that since inauguration, the committee had developed a work plan in line with the relevant laws and regulations, to help in the discharge of its mandate within the set time limit.

Represented by the Solicitor-General of the Federation, who is also the Chairman, Inter-Ministerial Committee on the Disposal of Assets Forfeited to the Federal Government of Nigeria, Mr Dayo Akpata, the Minister said that the committee would ensure that the assets are neither misappropriated nor mismanaged.

Mr. Malami further stressed that the committee represents the interests of all stakeholders to guarantee efficiency and adherence to due process.

The Committee also inspected some of the forfeited assets in some parts of the nation’s capital, Abuja.

 

Lateefah Ibrahim

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