Anti-graft agency EFCC hands over forfeited property to NDE

Anti-graft agency EFCC hands over forfeited property to NDE

- Nigeria's foremost anti-graft agency, EFCC, has given to the NDE a building forfeited to the federal government in February 2018

- The uncompleted building was ordered forfeited to the federal government by Justice Ijeoma Ojukwu of a federal high court, Abuja

- The hand-over of the uncompleted structure to the NDE was conducted by EFCC secretary Olukoyede

The Economic and Financial Crimes Commission (EFCC) has handed over a forfeited property to the National Directorate of Employment (NDE) for its official use.

The anti-graft agency confirmed the development in a statement it released on Tuesday, December 31.

According to the statement, the new NDE property is located on Plot 1076 Cadastral Zone, Sector B 18, Gudu District, Abuja.

The property was forfeited to the federal government in a case between it and three Nigerian individuals on February 15, 2018, at the conclusion of forfeiture processes in a Federal High Court, Abuja, presided over by Justice Ijeoma Ojukwu.

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The Secretary to EFCC, Olanipekun Olukoyede, conducted the hand-over formalities and conveyed the anti-corruption body's excitement at handing the property over to an agency of the Federal Government.

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He noted that the gesture, like the others that preceded it, testifies to the successes of the anti-corruption fight. reported earlier that the EFCC recently clarified that contrary to rumour, the agency does not share recovered money or properties recovered from fraudsters or those forfeited by an order of the court.

In a video clip shared by the anti-graft agency on its social media page, the EFCC said when it recovers money, it returns it to the affected individual, state or federal government.

In the case of the federal government, the EFCC said the money is taken to consolidated revenue account in the Central Bank of Nigeria.

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