The Independent Corrupt Practices and Other Related Offences Commission, ICPC has moved to seize plots of land and buildings valued at 4.8 billion naira from the Shehu Yar’adua Foundation and 29 other firms.
The Commission’s Spokesperson Rasheedat Okoduwa in a statement in Abuja said that the properties included 22.9 hectares of undeveloped land, one plaza, and a block of six two-bedroom flats located in Wuse, Zone-1, Abuja.
The statement added that in the course of investigations, the alleged owners of the property disclaimed ownership.
It further said that the move to seize the property spread around Abuja follows a petition to the ICPC by the Federal Inland Revenue Service FIRS accusing the companies of defaulting in tax payments to the tune of 288.2 million naira.
Okoduwa said that section 37 of the Corrupt Practices and Other Related Offences Act 2000 empowered the commission to seize assets alleged to be subject of an offence under the law. � �U���