Recovered Vehicles Auctioned To Aso Rock Villa, Ministries With Presidential Approval —Magu | Sahara Reporters He said some of these agencies had not paid for the vehicles but there was an arrangement that the money would be... officialEFCC READ MORE:
Suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has said that some of the forfeited assets recovered by the anti-graft agency were auctioned to ministries and government agencies.
He listed the State House, Ministry of Humanitarian Affairs and Disaster Management, Federal Inland Revenue Service and National Directorate of Employment as a part of agencies that benefited from recovered vehicles through special auction with presidential approval. “The commission presently has presidential approval to dispose over 450 forfeited vehicles located in Lagos and Abuja. The vehicles have been valued by the National Automotive Council Valuers and the Federal Ministry of Works and Housing. But no sale/disposal has been conducted yet,” Magu stated.
“Real properties finally forfeited to the Federal Government of Nigeria and allocated to some agencies for official use in line with the Presidential approval are: Voice of Nigeria, National Directorate of Employment, Ministry of Humanitarian Affairs and Disaster Management, North East Development Commission and Pension Transitional Arrangement Directorate.
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