Recovered Assets: FG opens bid for Auctioneers



The Inter-Ministerial  Committee on the disposal of Federal ’s  forfeited assets, has opened the bid select auctioneers dispose the recovered assets.The Chairman of the Committee, and Solicitor General of the Federation, Dayo Apata SAN, who declared the bidding process open in Abuja said the idea is part of the ’s raise funds meet its obligations. “The assets were either recovered or forfeited by suspects facing corruption charges.


“The recovered assets include , boats, ships, plants and machinery as well as electronics and furniture.The News Agency of Nigeria (NAN) recalls that the Attorney General of the Federation and  Minister of Justice, Abubakar Malami, SAN, had on Novemebre 9, 2020 inaugurated the interministerial  committee on the disposal of the Federal ’s  forfeited assets.He said the composition of the committee approved by on 27, 2020.The 22-member committee  according the AGF given six months to dispose of all forfeited assets to the federal . (NAN)