Saturday , 8 May 2021

Malami, Bawa summoned over forfeited assets’ transfer to AGF office

THE House of Representatives has summoned the new Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, to come forward and explain the circumstances surrounding the transfer of some forfeited assets to the Office of the Attorney General of the Federation.

The Chairman of the committee, Ademorin Kuye, noted that the Permanent Secretary, Ministry of Justice and Solicitor-General of the Federation was supposed to appear before the lawmakers in company with some directors on Thursday but did not show up.

The acting Director of Asset Forfeiture and Recovery Management, EFCC, Mr Aliyu Yusuf, appeared before the committee but the lawmakers expressed their displeasure with the information provided.

He said while forfeited assets had been transferred to the OAGF, operatives of the commission still guarded the properties.

Yusuf, while responding to some of the questions from the lawmakers, said, “The EFCC has not really undertaken any serious disposal of assets. The only asset that was disposed of was the trucks, which were seized in Port Harcourt (Rivers State capital).

“All the finally forfeited assets – real estate – were all intact until this new regulation came into effect, which was made by the Honourable Attorney-General that requires us to transfer all forfeited assets to the Office of the AGF for management. That regulation was made in October 2019 and we have complied with that; we have forwarded the lists and court orders for all finally forfeited assets to the Office of the AGF for management.”

Kuye, however, faulted the regulation introduced by Malami, saying it breached Section 31 of the EFCC Act, particularly Sub-sections 1 and 4.

A member of the committee, Lynda Ikpeazu, demanded the list of assets already transferred to the OAGF as well as the timeline of those transfers.

Chairman of the committee, while expressing his dissatisfaction with the development, decried that the assets were losing value.

The House had on March 17, 2020, constituted the committee with the mandate to investigate the status, use and current state of all Federal Government properties in all parts of the country.

The Speaker, Femi Gbajabiamila, had later on May 12, 2020, inaugurated the committee, charging it to look into all abandoned projects, identifying the cause of such abandonment and proffering solutions by way of recovery, completion or prosecution.

The properties, according to the parliament, include buildings, ships and aircraft, among others.

 

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