FG Lists 1,620 Sized Properties For Auction

Federal Government has begun the process for the valuation of property belonging to several politically exposed persons, including the embattled former Minister of Petroleum Resources, DIEZANI ALISON-MADUEKE.

The DIEZANI property located in Banana Island, Ikoyi, Lagos, include 18 flats and six penthouses. Other notable property listed include those belonging to the late Chief of Defence Staff, ALEX BADEH, whose houses in the Wuse 2 and Maitama in Abuja were seized.

The total number of property marked for auction across the country is 1,620, including cars, houses, phones, laptops, vessels and other valuables, while 613 independent valuers expected to manage the sale of the assets have been screened.