Breaking: FG Form Committee To Sell Recovered Looted Materials

The federal Government of Nigeria (FG) Form and Innaguarate Committee To Sell Recovered Looted assets so far through the anti-corruption efforts of the current administration.

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, while inaugurating the 22-member committee in Abuja on Monday, urged its members not to betray the trust placed on them by the government.

Malami added: “Your mandate is to ensure the expedient disposal of all FGN Forfeited Assets and generate revenue for the Federal Government of Nigeria.

“I wish to implore the inter-ministerial committee to work as a formidable team with the relevant agencies in accordance with extant laws and regulations. “It is also my hope that the proceeds from this exercise will be a source of additional revenue for the country” AGF added

He asked all assets recovery agencies of the Federal Government to urgently send records of recovered assets to the committee’s secretariat, which is the Assets Tracing Recovery and Management Unit in the office of the AGF.

Members of the committee are drawn from office of the Chief of Staff to the President; Federal Ministry of Justice;
Federal Ministry of Finance; Federal Ministry of Works and Housing; Auditor-General of the Federation; the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices (and other related offences) Commission.


Other are: the Nigerian Army; Nigerian Navy; Nigeria Police; Nigeria Security Civil Defence Corps; Nigerian Maritime Administration and Safety Agency; Department of State Security; National Drug Law Enforcement Agency;Department of Petroleum Resources; National Oil Spillage, Detection and Response Agency; and the Bureau of Public Procurement.


Also to work on the committee are representatives of the Civil Society Organisations (CSOs); a representative of the youth organisations, a representative of the media; and “any
other Nigerian with exceptional expertise that could add value to the committee as deems fit by the Attorney General of the Federation.”

Comments are closed.