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FG begins sale of seized, forfeited assets

The Federal Government has commenced the bidding process to sell off recovered and forfeited assets from the Economic and Financial Crimes Commission (EFCC).

The bid for the sale of assets was opened on Thursday in Abuja by the Office of the Attorney General of the Federation and Minister of Justice and the Inter-ministerial Committee set up by the government to handle sales of the assets under the Ministry of Justice.

The President of the National Association of Auctioneers, Aliyu Kiliya, in a statement issued on Thursday, expressed satisfaction with the manner in which the opening of the bid was conducted.

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.

“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.”

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