Over 2000 firms have tendered their documents in a bid to emerge as auctioneers of the recovered assets forfeited to Federal Government.
Permanent Secretary, Federal Ministry of Justice, and Solicitor General of the Federation, Dayo Apata SAN, disclosed this when he declared open the bidding process to select auctioneers for the sale of the forfeited assets.
Apata, who is also the Chairman, Interministerial Committee on the disposal of Federal Government’s forfeited assets, said before arriving at this stage, the assets passed through a valuation process so that the FG will not sale the assets below their value.
He explained that the valuers were disqualified from bidding for the auctioneering just as he added that no member of his committee was allowed to signify interest in the disposal of the forfeited assets.
The Committee chairman hinted that the forfeited assets are 24 in number, and situated in different locations across the country.
Recall that the Attorney General of the Federation and Minister of Justice, Abubakar Malami SAN, had on November 9, 2020 inaugurated the interministerial committee on the disposal of Federal Government’s forfeited assets.
Malami said the composition of the interministerial committee was approved by President Muhammadu Buhari on October 27, 2020.
The 22-member committee according to the AGF was given six months to dispose all Federal Government forfeited assets.
