Home News FG sets up 22-member committee to sell recovered looted assets

FG sets up 22-member committee to sell recovered looted assets


The Federal Government has inaugurated a committee tasked with the onus of selling all  assets recovered so far from corrupt individuals.

The committee headed by Solicitor General of the Federation, Dayo Apata was inaugurated on Monday by the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami,.

Malami warned the 22-member committee against betraying  the trust the Federal Government put in them

Malami said members of the committe are, tagged: “The inter-ministerial committee on the disposal of Federal Government of Nigeria’s forfeited assets.”

.AGF 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.

“I must, however, warn that the task before the Inter-Ministerial Committee is an enormous one and must be conducted with utmost dignity having the interest of Nigeria at heart. Thus, much is expected from the committee.”

Dayo Apata assured the Federal Government that the committee would execute its mandate with total passion.

“I assure you that our committee will be guided by the twin principles of transparency and accountability,” Apata said.