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Don’t Sell Recovered Assets to Looters, Reps Warn EFCC
The House of Representatives Ad Hoc Committee on Assessment and Status of All Recovered Loot Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation has urged the Economic and Financial Crimes Commission to prevent looters from recovering their loot in the ongoing auction of seized and forfeited assets.
The committee’s Chairman, Adejoro Adeogun, while noting that his panel had earlier recommended speedy disposal of recovered loot, especially fixed assets, expressed the possibility of looters recovering the forfeited assets by proxy.
Adeogun, however, stated that the committee would continue with its investigation despite the sales.
The EFCC on December 6, 2022, commenced inspection and auction of 649 forfeited vehicles located across nine states and the Federal Capital Territory through appointed auctioneers.
Other assets listed for auction were 15 vessels and barges in Rivers, Delta and Lagos states, about 39 mobile phones, 11 laptops and other devices.
The PUNCH had reported exclusively on December 27, 2022, that the EFCC had listed for auction 144 luxury houses and lands seized from convicted politicians, public servants, business moguls and internet fraudsters as proceeds of their corrupt practices ranging from money laundering and fraud to misappropriation of funds and fraudulent diversion, among others.
Adeogun, in an interview with our correspondent on Tuesday, however, decried that the House does not have the powers to determine how the assets should be disposed of, or to whom they should be sold.
He said, “We are aware. Part of what we wrote in our interim report is the delay in the auctioning. Some of these assets were seized seven to eight years ago. They have depreciated. It was our concern then that they were depreciating, so we advised that it should be done fast especially now that the Federal Government needs money to fund the budget. It is to make sure that they recover as much value as can be recovered.
“Look at most of the tankers and the ships that were seized. Some of them have lost up to 80 to 90 per cent of their value due to poor storage.
“Then, the enabling law allows the (anti-graft) agencies to auction directly. The EFCC is supposed to auction what it seized, subject to due process.”
Speaking on the possibility of looters buying back their loot through the auction, Adeogun said, “That is possible but we in the National Assembly have no control over that. We can’t control what they do but what we have to do is to ensure that they did the right thing.”
The lawmaker stated that the assets should not remain abandoned till another government takes power in a few months.
Adeogun stated that his committee had done “most of what we need to do,” including presenting an interim report to the House, while the comprehensive one would be laid after the general elections.
Members of the committee had initially opposed the auction of the assets at the centre of the probe.
Rivers State Governor, Siminalayi Fubara, has announced his withdrawal from the All Progressives Congress governorship primary election in the state.
Fubara made this known in a statement personally signed on Wednesday, saying he would support whoever emerges as the party’s candidate, The Nations reported.
The governor said his decision followed extensive consultations with his family, friends, and political associates.
“After deep reflection and extensive consultations with my family, friends, and associates, I have taken the difficult but necessary decision to withdraw from the APC governorship primaries. I do so with a full heart and with a firm commitment to support whoever emerges as the candidate of our great party,” Fubara said.
Fubara said although the decision was difficult, he remained committed to supporting whoever would emerge as the APC governorship candidate.
According to him, leadership demands sacrifice and personal ambition must sometimes give way to the collective interest of the people.
Meanwhile, the embattled governor expressed appreciation to his supporters for their loyalty, prayers and sacrifices throughout the political process, acknowledging that many would feel disappointed by his withdrawal.
He said his silence in recent weeks was “deliberate and strategic,” adding that it was guided by the higher interest of the state.
Tone Cole, APC chieftain and 2027 governorship aspirant in Rivers State, also announced his withdrawal from the race, saying his decision was, among other reasons, in the interest of the party’s unity.
Arsenal ended their 22-year wait to be crowned Premier League champions on Tuesday after Manchester City were held 1-1 by Bournemouth.
City had to win to take the title fight to the final day, but the Cherries extended their unbeaten streak to 17 league games, a run which has secured European football for the first time in the club’s history.
After finishing second for the past three seasons, Mikel Arteta’s Gunners have finally made it over the line to end a six-year trophy drought.
Arsenal edged to the brink of the title with an unconvincing 1-0 win over already relegated Burnley on Monday, which took them five points clear of City.
The Gunners, who have set the pace for most of the season, have bounced back impressively since losing to City last month, winning four straight league matches without conceding a goal.
On Monday, just 48 hours after completing a domestic cup double with victory over Chelsea in the FA Cup final, City were rocked by widespread reports that manager Pep Guardiola will depart after a decade in charge at the end of the season.
Victory at Wembley on Saturday secured a 20th trophy of Guardiola’s glorious reign.
But he cannot add to his six Premier League titles when Aston Villa visit the Etihad on Sunday for what is expected to be his final match in charge.
Guardiola had warned that fatigue could cost City against a highly motivated Bournemouth, who still have Champions League qualification in their sights for next season.
As it stands, Bournemouth will be in the Europa League after ensuring they will finish no lower than seventh.
Sixth could be good enough for a place in the Champions League if Aston Villa finish fifth and win Wednesday’s Europa League final.
City fans forlornly chanted “One more year, Guardiola” in the early stages at the Vitality Stadium in a bid to convince their decorated coach to see out the final season of his contract.
But if the travelling fans hoped City’s players would be inspired to give Guardiola a glorious goodbye, they were left sorely disappointed.
Antoine Semenyo had the ball in the net on his return to Bournemouth but was flagged offside in City’s best moment of a flat first half.
The home side suddenly sprang to life to open the scoring in the 39th minute.
Eli Junior Kroupi curled a brilliant strike into the top corner to set a new record of 13 goals in a debut Premier League season for a teenager.
Nico O’Reilly wasted City’s best chance of a lifeline when he was denied by Djordje Petrovic just seconds into the second half.
Guardiola watched on pensively as his side’s title challenge fizzled out with a whimper.
After winning what was billed a title decider against Arsenal last month, City put the destiny of the title back in their rivals’ hands by drawing 3-3 at Everton.
Guardiola looks set to depart having failed to win the league for two consecutive seasons for the first time in his coaching career.
Rayan and David Brooks hit the post as Bournemouth should have secured victory in Andoni Iraola’s final home game in charge.
Erling Haaland’s equaliser deep into stoppage time came too little, too late to save City’s title challenge.
But it was a big goal for Liverpool, who now have a three-point cushion over Bournemouth and a goal difference advantage of six heading into the final day battle to secure a top-five finish and Champions League football.
AFP
The Federal High Court in Abuja on Monday granted bail to former Kaduna State Governor, Nasir El-Rufai, in the sum of N100m over charges bordering on alleged breach of national security.
Justice Joyce Abdulmalik, while ruling on the bail application, imposed stringent conditions for the former governor’s release.
The court held that the surety must reside in either the Maitama or Asokoro districts of Abuja and must deposit the original Certificate of Occupancy of a landed property with the court registry.
The judge further ruled that the surety must be a federal civil servant not below Grade Level 17 and must provide evidence of salary payments for at least three months, authenticated by a bank manager within the court’s jurisdiction.
As part of the conditions, El-Rufai was ordered to deposit all valid international passports with the court.
The court also directed the submission of a verification letter from the surety’s department, along with a tax clearance certificate covering the last six months.
In addition, the judge ordered the former governor to report to the Department of State Services headquarters on the last Friday of each month by 10 am to sign the attendance register, pending the determination of the case.
The court warned that any breach of the conditions would result in the bail being automatically revoked.
Justice Abdulmalik further ordered El-Rufai to submit a letter of attestation from the Chairman of the Kaduna Traditional Council.
The bail ruling followed the arraignment of the former governor by the Department of State Services on an amended five-count charge bordering on alleged breach of national security.
The DSS had, on April 23, arraigned El-Rufai before the same court, where he pleaded not guilty to all counts.
At the proceedings, counsel for the DSS, Oluwole Aladedoye (SAN), informed the court that the prosecution had filed a further amended five-count charge on April 13 and sought to substitute the earlier three-count charge.
Count four of the amended charges marked marked FHC/ABJ/CR/99/2026, reads “That you, Mallam Nasir El Rufai, adult, male, intentionally and without authorization, intercepted the communications of the National Security Adviser, Nuhu Ribadu, as admitted by you on 13″ February, 2026, while appearing as a guest on Arise TV Station’s Prime Time Programme in Abuja, within the jurisdiction of this Honourable Court, and thereby committed an offence contrary to and punishable under Section 12(1) of the Cybercrimes (Prohibition, Prevention, etc) Amendment Act, 2024.”
Counsel to the defendant, Oluwole Iyamu (SAN), confirmed receipt of the amended charge and did not oppose the application.
The court subsequently struck out the earlier three-count charge and read the amended counts to El-Rufai, who again pleaded not guilty.
The defence had drawn the court’s attention to a pending bail application filed on February 17, noting that a further affidavit initially missing from the court file was later located during proceedings.
The DSS, however, told the court that it was not opposing the bail request.
The defence also filed an application seeking to quash the amended charge, which the prosecution urged the court to dismiss for lacking merit.
After hearing arguments from both parties, Justice Abdulmalik adjourned the matter for hearing before delivering the bail ruling on Monday.
