The Federal Government has commenced a valuation exercise for property belonging to several politically exposed persons, including the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke.
Other notable property listed include those belonging to the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, whose houses in the Wuse 2 and Maitama high-end neighbourhoods of Abuja were seized.
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 property marked for auction across the country is 1,620, including cars, houses, phones, laptops, vessels and other valuables.
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.
