The Nation Newspaper
ICPC alarmed over multi-billion naira Abuja estates abandoned by owners
Gbade Ogunwale by Gbade Ogunwale April 30, 2019
ICPC
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THE Independent Corrupt Practices and other Related Offences Commission (ICPC) is alarmed at the rate owners of multi-billion naira housing estates in Abuja abandon their property the moment the commission initiates investigation into their ownership status.

Its Chairman, Prof. Bolaji Owasanoye, who stated this in Abuja yesterday, said the development has become a great worry to the commission and other anti-corruption agencies.

Owasanoye, who was represented by his Chief of Staff, Dr. Esa Onoja, also raised concerns over illicit financial flows abroad and estates springing up every day in different locations in the Federal Capital Territory (FCT).

The ICPC chair spoke as a special guest at a Forum of Special Anti-Corruption Situation Room, organised by the Human and Environmental Development Agenda (HEDA).

According to him, in many cases where Non-Conviction Assets Forfeiture proceedings are initiated against the numerous sprawling estates, nobody comes forward to claim ownership.

He explained that the ICPC has initiated a number of Non-Conviction Assets Forfeiture proceedings, in line with Section 17 of the Advanced Free Fraud Act.

Owasanoye added that Sections 37 and 38 of the ICPC Act also empowered the commission to initiate such proceedings in court, where there is a suspicion that such assets were proceeds of crime.

“Where nobody comes forward to claim ownership after publication of Temporary Forfeiture Orders from the courts, the assets become the property of the Federal Government,” he said.

The ICPC boss, however, could not immediately provide the number of such Abuja assets so abandoned by their owners, saying: “It’s a big problem that required information from members of the public.

“We feel that citizens should provide information and after providing information, to act as witnesses. The current administration has a very strong and viable whistleblowing policy.

“Over N.5 trillion has been recovered through this policy. But a lot more information is required. If we can only get just 25 per cent of what has been stolen and if that money is deployed to education, health, security, I think we would be on the road to joining other nations that our citizens will like to fly to and use their resources,” he said.

Owasanoye enjoined Nigerians to stop seeing corruption as a “victimless” crime, saying: “When funds meant for health, education, security, housing etc are diverted and end up in private hands, we all feel the impact”.

Also speaking at the event, the Director General of the National Orientation Agency (NOA), Mr. Garba Abari, said the anti-corruption war was being waged at all levels of government.

Abari said the citizens owed it a duty and responsibility to key into the anti-corruption campaign of the government, stressing that the cumulative effects of corruption are felt by the generality of the citizenry.

Head of HEDA’s Human Rights Project Olanrewaju Suraju bemoaned the huge resources in foreign exchange the country had lost to corrupt practices in the oil industry.

Suraju cited the case of the controversial OPL 245 issued to Malabu and how the Federal Government lost billions of dollars to unethical practices by past government officials.

Source: https://thenationonlineng.net/icpc-alarmed-over-multi-billion-naira-abuja-estates-abandoned-by-owners-2/

D number of unoccupied properties in Abuja is something else.. From Gwarinpa extension, down to gwarinpa and den Asokoro.. D number of unoccupied buildings far outweighs d number of occupied ones. The owners simply use these properties to launder stolen funds and could care less.

Proceeds from looting....
When I say our rulers are vampires and should be stoned on sight they think I'm loo loo.
Just travel to the smallest country in Europe and you'll realise how wicked they are. How this looting kills us. But no
Especially one baskard who sells dead meat in his dreams and comes here to claim barbecue seller.Specializes in defending thieves. All of una life go be like naija own. Nonsense