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Official: Nigerian government to establish central database for forfeited assets

The Federal Government’s inter-ministerial committee on assets disposal said Tuesday that it would create a central database of assets for finally forfeited assets. The chairman of the committee, Dayo Apata, said this during a courtesy visit of the committee to the headquarters of the Economic and Financial Crimes Commission (EFCC) in Abuja. Mr Apata, who is the Solicitor-General of the Federation and Permanent Secretary, Ministry of Justice, said: “the committee will create a central database of assets that had been forfeited to the Federal Government to ensure the Federal Government gets value for all the forfeited assets”. “Introducing uniform process of assets disposal, and avoiding wastages, so that the Federal Government can have the full benefit of what has been forfeited,” a statem...

ICPC indicts 88 MDAs for procurement act violations

File Photo The Independent Corrupt Practices and Other Related Offences Commission has indicted 88 Ministries, Departments and Agencies for violating the provisions of the Public Procurement Act, 2007 in the last three years. The anti-graft agency also said 53 MDAs were guilty of tax default, noting that they had been on the Federal Inland Revenue Service tax defaulters list for three years. It classified 132 MDAs that did not respond to its assessment as ‘corruption high-risk MDAs’ stressing that they “will be treated as such.” This was contained in the ICPC Ethics and Compliance Scorecard of Federal MDAs 2020 made available to newsmen on Tuesday. The commission in its assessment found that none of the MDAs attained full compliance with ethical and accountability standards for efficiency ...