The Independent Corrupt Practices
and Other Related Offences Commission (ICPC) has uncovered about N9.8billion,
realised from the sale of government houses in 2005 in Aso Savings and Loans
Plc.
ICPC said the cash was yet to be
remitted to government 13 years after the sale of the assets.
The revelation, among others, was
contained in a statement on investigation of the sale of government assets,
which was released by ICPC.
The statement said: “In 2005, the
Federal Government set up a committee, the Ad-hoc Committee on the Sale of
Federal Government Houses, to sell some of its properties in the Federal
Capital Territory.
“Among the several officials
invited for investigation, the current Managing Director of Aso Savings and
Loans revealed that the bank is currently experiencing paucity of funds.
Therefore, it is willing to swap some of its properties located in Abuja and
Lagos in exchange for the unremitted funds.
“The commission is committed to
the recovery of the full value of the unremitted N9.8 billion by taking the
properties offered in lieu for government, subject to satisfactory valuation by
the Ministry of Power, Works and Housing. Upon conclusion of investigation,
anyone found in breach of the law will be brought to book accordingly.
“In a related development,
further investigation of the Ad-hoc committee’s work also uncovered that some
persons who were allocated government properties made only part payments.
“This fact led ICPC to recover
the sum of N20, 662,250 from the affected persons in bank drafts, which it
handed over to the Chairman of the Ad-hoc Committee between December 2017 and
May 2018.”
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