Ensure Transparency In Sells Of Seized Assets, Auctioneers Tells EFCC

As the federal government opens the bid for the sales of recovered and forfeited items from the Economic and Financial Crimes Commission (EFCC) and other legal means that accumulated into billions of naira and other hard currencies over the years, the Nigeria Association of Auctioneers (NAA), have called for the integrity of process to be upheld.

The office of the Attorney-General of the Federation (AGF), and the Inter-ministerial Committee set-up by the government to handle the sales under Federal Ministry of Justice on Thursday in Abuja open the bid for the sale of the assets.

Recently, the Federal of Justice published a request of proposal for the engagement of auctioneers for disposal of forfeited assets to the federal government of Nigeria.

These items include landed properties, sales of plants, machinery, motor vehicles, furniture and equipment, sales of water vessels (Canoes, boats, yachts, barges, ships) and sales of jewelries, ornaments and clothing materials.

Properties have been forfeited to the federal government while others seized from persons who illegally acquired them and the government is now poised to dispose them. The government had said it will fund critical projects from proceeds of the sales of the items.

The National President of the Nigeria Association of Auctioneers (NAA), Alhaji Aliyu A. Kiliya said he was impressed by with the manner in which the bids were opened and urged the Committee to uphold the uprightness in which President Muhammadu Buhari wanted the process to follow.

He said in a statement in Abuja after observing the bid that all procedures of the Bureau for Public Procurement (BPP) and the Stores Regulations should be followed to the latter.

Alhaji Kiliya said the Committee should do a diligent job not to allow any space for litigation in future as the items involved are very sensitive.

The President pointed out that knowledgeable persons should handle the sales which involved items not only in Nigeria but overseas so as not to put all the efforts in disrepute.

In his remarks, the General Secretary of the Association, Engineer Isibor Abhulimen pointed out that the process of recruitment of professionals is key in the process of conducting sales which involved huge sums of money.

According to him, he was impressed with the bidding process where government is desirous of gaining maximally from the proceeds.

The General Secretary also debunked the claim the items have been shared to interest groups noting that the bid showed otherwise.

He said the Federal Ministry of Justice has done very well and the opening of the bid was nor business as usual.

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