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ICPC seizes 44 assets worth N14.7bn

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Maryam Hassan
Maryam Hassan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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tiamin rice
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The Independent Corrupt Practices and Other Related Offences Commission, ICPC, on Friday said it had seized 44 assets valued at N14.7 billion.

Spokesperson of the agency, Rasheedat Okoduwa, disclosed this in a statement in Abuja.

Mrs Okoduwa said the assets, located in the Federal Capital Teritory, comprised two mansions, 27 pieces of land, one factory building and 15 buildings at Asokoro, Maitama and other districts.

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She stated that the assets were linked to 32 corporate entities and that the seizures followed the denial of ownership by the supposed owners.

She said: “The commission, in collaboration with the Federal Inland Revenue Service, FIRS, had found that the entities had N883.7 million tax liability on the seized properties.

“The seizure is based on Section 45(4) of the Corrupt Practices and Other Related Offences Act .”

NAN

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