The police have uncovered a cabal operating within the Presidential Implementation Committee on Sale of Government Properties who specialise in fleecing unsuspecting people seeking to buy federal government properties of millions of naira.

The Police Special Fraud Unit came to a conclusion that a cabal had been operating under the PIC to defraud properties buyers while investigating a petition submitted to the Commissioner of Police in charge of the Special Fraud Unit by a company, Multiplication Global Trade Limited‎,.

The police report into the petition, which was obtained by our correspondent, details how some members of staff of the PIC colluded with outsiders ‎ to defraud sitting tenants by denying them their right to buy the properties contrary to government’s laid down procedures for the sales.

The report stated: “Discreet investigations reveal that there actually exists a cabal within the PIC whose modus operandi is described below:

“That as soon as sitting tenants of any government property expresses interest‎ to buy their flats in accordance with government policy and the PIC has profiled such tenants and found them qualified, the information about such property is immediately passed to members of this cabal who would approach the tenants and offer to buy the property off them at very ridiculous rates, usually between N10 million and N12 million maximum per flat, with subtle threats …that either they accept or they shall be disqualified.

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http://monitor9ja.com/2015/05/police-uncover-fraud-in-sales-of-government-properties/