The federal government has commenced the bidding process for
the sale of assets recovered and forfeited to the Economic and Financial Crimes
Commission (EFCC).
Abubakar Malami, attorney-general of the federation (AGF)
and minister of justice, in November 2020, inaugurated a 22-member
inter-ministerial committee for disposal of all forfeited assets.
President Muhammadu Buhari had given a six-month timeframe
for the disposal of all federal government assets.
At the opening of the bid on Thursday in Abuja, Aliyu
Kiliya, president of the national
association of auctioneers, disclosed that over 2000 auctioneers bided for the
sale of the assets.
Kiliya who expressed satisfaction with the manner in which
the opening of the bid was conducted, asked the committee to ensure
transparency in the process.
He said: “All the procedures for Bureau for Public
Prosecution and the stores regulation should be followed to the latter.”
“The committee should do a diligent job not to allow any
space for litigation in future as the items involved are very sensitive,” he
added.
“Knowledgeable persons should handle the sales which
involved items not only in Nigeria but overseas, so as not to put all the
efforts in disrepute.”
Dayo Apata, chairman of the committee and permanent
secretary of the ministry of justice, said the committee identified the
forfeited assets to be sold in 25 locations across the country, except places
plagued with violence and insecurity.
He said any estate surveyor or valuer who participated in
the valuation of the properties to be sold will not be allowed to bid as they
cannot bid for what they have valued and that, members of the committee will
not be part of the auctioneers.
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