The Executive Chairman of the Economic and Financial
Crimes Commission, EFCC, Mr. Ola Olukoyede on Tuesday, May 20, 2025
handed over 753 units of houses recovered by the Commission at Plot
109 Cadastral Zone C09, Lokogoma District, Abuja to the Ministry of
Housing and Urban Development.
The property, measuring 150,500 square
metres and containing 753 Units of duplexes and other apartments, was
recovered based on a final forfeiture order granted by Justice Jude
Onwuegbuzie of the Federal Capital Territory, FCT, High Court Abuja
on Monday, December 2, 2024
While handing over the property, Olukoyede
reiterated the commitment of the EFCC to accountable asset recovery and
disposal modalities, pointing out that such gestures are meant
to “demonstrate to Nigerians that whatever proceeds of crime that we have
recovered in the course of our work, the application of that will be made
transparent to Nigerians so that we will not allow looted assets to be looted
again”.
He also pointed out that “It is important for us
to emphasize to Nigerians that the fight against corruption can work and we can
really make it work and one of the key factors that actually propels the impact
of the fight is the need for us to ensure that those who have stolen our
commonwealth are not allowed to enjoy the proceeds of crime. So one of the
critical factors of our works is that we deprive them of the proceeds of
crimes”
He applauded President Bola Ahmed Tinubu’s
stance on the fight against corruption, affirming that the handover of the
property signaled the government's seriousness to the fight against economic
and financial crimes and other acts of corruption.
The handover took place in a brief ceremony
at the Ministry’s headquarters in Mabushi, Abuja. Minister of
Housing and Urban Development, Ahmed Dangiwa, praised the EFCC for its
sustained commitment to asset recovery and anti-corruption. He further
stated that the handover was a “significant milestone in our collective
efforts and determination to ensure that recovered assets are put to productive
use in ways that directly benefits the Nigerian people”.
Dangiwa assured that the Federal Ministry of
Housing and Urban Development will conduct a joint familiarization tour of the
estate, alongside the EFCC to properly access the structural state
of the Estate
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