BREAKING: ICPC Seizes 44 Properties Worth N14.7bn from 32 Firms

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has seized 44 properties made up of mansions, factory and 27 plots of lands allegedly linked to 32 corporate entities.
A statement by the Spokesperson for the commission, Mrs. Rasheedat A. Okoduwa, mni, said: “The properties whose cumulative value has been put at N14.7 billion were seized after the entities denied their ownership.
“The commission, in collaboration with the Federal Inland Revenue Service (FIRS) had found that the entities had N883.7 million tax liability on the seized properties.
“The seizure is based on Section 45(4) of the Corrupt Practices and Other Related Offences Act 2000.
“The seized properties, all located in the Federal Capital Territory include: two mansions, 27 bare lands, one factory building, and 15 buildings at Asokoro, Maitama and other districts.”

Story Credit: The Nation



Categories: News Updates

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: