The Federal Government under Inter-ministerial committee on the disposal of assets forfeited to the federal government have begun the process of selling forfeited assets in 52 locations across the country.
The Chairman of the committee, Dayo Apata revealed this during a press conference on Tuesday.
Apata revealed that the assets recovery and disposal process are part of the administration of criminal justice.
Read his statement below;
“It needs to be emphasized that asset recovery and disposal constitutes an integral part of the administration of criminal justice which are all within the purview of the Hon. Attorney-General of the Federation,” he said
“The Committee is working assiduously to complete its assignment within the six (6) months’ time frame as spelt out in the presidential directive and is guided by the Asset Tracing, Recovery and Management Regulations, 2019, Standard Operating Procedures (SOP) and its Terms of Reference (TOR).
“The composition of the Committee reflects a fair spread across relevant MDAs. It is interesting to note that the composition of the Committee cuts across institutions not only involved in the asset recovery but also institutions with special skills, competencies and oversight of security over the assets.”
