The 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 highbrow Banana Island Foreshore Estate, Ikoyi, Lagos, includes 18 flats and six penthouses located at Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout.
Some notable properties belonging to the late Chief of Defence Staff, Air Chief Marshal Alex Badeh were listed as well.
They include houses in the Wuse 2 and Maitama high-end neighbourhoods of Abuja.
Other recovered items listed are 125 pieces of wedding gowns, 13 pieces of small gowns, 41 pieces of waist trainers, 73 pieces of hard flower, 11 pieces of suit, 11 pieces of invisible bra, 73 pieces of veils, 30 pieces of braziers, two pieces of standing fan, 17 pieces of magic skits, six packets of blankets, one table blanket and 64 pairs of shoes.
The Federal Government had last week begun the process of screening 613 independent valuers expected to manage the sale of the assets alleged to have been illegally acquired, which have now been permanently forfeited to it in about 25 locations throughout the country.
The total number of properties marked for auction across the country is 1,620, including cars, houses, phones, laptops, vessels and other valuables.
Lagos has the highest number of properties that will be auctioned, including 31 houses and 589 vehicles.
At the expiration of the deadline, 284 firms submitted bids for the valuation of landed property, including residential, commercial, institutional and underdeveloped plots of land slated for disposal.
The Chairman, Inter-ministerial Committee on the Disposal of Forfeited Assets, Mohammed Etsu, told journalists lasts week that 229 proposals were received for the valuation of plants, machinery, motor vehicles, furniture and equipment, while 75 companies submitted bids for the valuation of water vessels for disposal, and 25 companies presented bids for the valuation of jewellery, ornaments and clothing materials for disposal
Etsu, who is also the Solicitor-General of the Federation, stated that the committee would ensure a harmonised and transparent process to safeguard the recovered assets by the relevant agencies.
