The sale of assets forfeited to the Federal Government has started under the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
The Proceeds of Crime (Recovery and Management) Act (POCA), which President Muhammadu Buhari signed into law on May 12, 2022, is in keeping with the agency’s assertion that the decision to use auctioneers.
Prof. Bolaji Owasanoye, the chairman of the ICPC, revealed the information in Abuja.
Azuka Ogugua, the organization’s spokeswoman, also announced the start of Phase 5 of the Constituency and Executive Projects Tracking Exercise in a statement yesterday.
She claimed that the new phase, which would start on November 8 and span six geographical zones and 20 states, would contain 712 government-funded projects.
Kaduna, Jigawa, Sokoto, Katsina, Kwara, Niger, Kogi, Cross River, Delta, Rivers, Ogun, Ondo, Osun, and Oyo are among the recipients.
Anambra, Enugu, Abia, Borno, Bauchi, and Gombe states make up the remaining states.
