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FG Launches Central Database For Stolen Assets Recovered

by Present Nigeria
September 17, 2020
in News
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Buhari Presides Over Virtual FEC Meeting

President Muhammadu Buhari

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The Federal Government on Thursday launched a central database for the management of recovered assets.

The Minister of Justice, Abubakar Malami during the launch, in Abuja, said all the assets that have been recovered by the Federal Government are now tied to specific projects.

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In his remark ICPC Chairman, Professor Bolaji Owasanoye said the idea of the central database system is to ensure that all anti-corruption agencies harmonise all recovered assets adding that digitising all the agencies will make for easy access.

The Attorney General of the Federation and Minister of Justice had earlier in December 2019 told journalists in Abuja that a central database will be created for the management of recovered assets stolen from the country.

He stressed that the war against corruption in the country by the President Muhammadu Buhari-led government is devoid of any political or ethnic sentiments.

The launch was witnessed by officials from government agencies including the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC), and the Federal Inland Revenue Service (FIRS).

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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