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  FG to convert seized properties for public use - Taipei Trade Office in the Federal Republic of Nigeria 駐奈及利亞聯邦共和國臺北貿易辦事處 :::
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FG to convert seized properties for public use

Author: JerrywrightUkwu

 - The fate of properties seized by the federal government seem to have been determined

- They would be converted into offices of government agencies

- They are properties seized from those facing prosecution for corruption

A report by The Authority indicates that President MuhammaduBuhari has directed government agencies to occupy properties seized from past government officials.

According to the report, the first among several of such buildings to be taken over by the agencies are the forfeited mansions of former Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh.

One of the seized Badeh’s mansions, which President Bu­hari has directed the Econom­ic and Financial Crimes Com­mission (EFCC) to hand over to the agencies, is located in Wuse 2 in the Federal Capital Territo­ry (FCT).

This was the same situation obtainable under the government of Chief OlusegunObasanjo.

The EFCC had seized sever­al mansions allegedly acquired by Badeh with funds released by the Goodluck Jonathan admin­istration to fight the Boko Har­am terrorists and to resolve oth­er security matters.

Badeh is one of the mili­tary officers that are being in­vestigated and prosecuted by the present administration for corruption.

He was arrested last year by the EFCC for alleged­ly stealing from the $2.1 billion Arms Funds - making him lia­ble to the forfeiture of some of the choice property reportedly bought from the proceeds of the ill-gotten funds.

Sources within the EFCC confirmed that the anti-graft agency is already finalising the process by applying the forfei­ture clause in the case.

https://www.naij.com/1084449-fg-convert-seized-properties-public-use.html