Thursday, April 14, 2016

EFCC continues seizure of properties in Abuja


The Economic and Financial Crimes Commission (EFCC) remains untamed in the sealing off of properties in highbrows of Abuja belonging
to suspected looters of the treasury and others whom corrupt practices had been established against.
The true value of the confiscated properties, which are scattered over the FCT though not officially stated yet, but sources conservatively put at billions of Naira.
The Guardian observed that officials of the anti-graft agency had been evading inquiries regarding the worth of the properties and who the owners were. Even its spokesman, Wilson Uwujaren, declined official comments
However, a top source at the commission who spoke craved anonymity stated that a lot of properties had been sealed within Abuja metropolis because “that is where corrupt persons invest the proceeds of their crime.
“This is where the properties appreciate fast,” he added.
Asked whether there had been any properties sealed in the satellite towns, he said, “corrupt people don’t buy properties in the satellite towns because the level of appreciation is much slower. They prefer to buy properties within the city and that’s why we don’t have any sealed property in the satellite towns.
“We have sealed properties all over Abuja city. A drive round will reveal this. The houses are marked in bold red unlike in the past when we used to paste sticker, which anybody can remove and people will not know that the house has been sealed. Now we write in bold red so that everyone can see it,” he further disclosed.

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