In continuous efforts to ensure transparency in asset recovery regime and implementation of section 3 (c) of the Proceed of Crime Act (POCA) which mandates relevant agencies to maintain assets management and disposal systems, the Center joined stakeholders at the National Drug Law Enforcement Agency (NDLEA) during its bid opening ceremony for five (5) advertised properties.
Although the auction was declared inconclusive as bidders do not meet up with the property valuation price, this process is a necessary step towards effective management of recovered public assets, and the Center is urging relevant agencies to continue to follow due process in asset recovery and disposal.