The Independent Corrupt Practices
and Other Related Offences Commission (ICPC) has moved to seize plots of land
and buildings valued at N4.8 billion from the Shehu Yar’adua Foundation and 29
other firms.
ICPC spokesperson, Mrs Rasheedat
Okoduwa disclosed this in a Press Statement in Abuja.
She said that the properties
included 22.9 hectares of undeveloped land, one plaza, and a block of six
two-bedroom flats located in Wuse, Zone 1, Abuja.
“These belong to Shehu Musa
Yar’adua Foundation, Vibrant Issuance Brokers, Millard Fuller Foundation,
Maibuhu Farm and Construction Limited, Gabcon Enterprises Limited and a host of
others.
“In the course of investigations,
the alleged owners of the property disclaimed ownership.
“The move to seize the property
spread around Abuja, follows a petition to the ICPC by the Federal Inland
Revenue Service (FIRS) accusing the companies of defaulting in tax payments to
the tune of N288.2 million,” she said.
Okoduwa said that section 37 of
the Corrupt Practices and Other Related Offences Act 2000 empowered the
commission to seize assets alleged to be subject of an offence under the law,
while Section 48 authorises it to apply to a High Court for an order of
forfeiture within 12 months of the date of seizure.
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com