Investigations revealed that the Attorney General of the Federation and Minister of Justice, Abubakar Malami who is a Senior Advocate of Nigeria SAN, and the suspended EFCC Acting Chairman, Ibrahim Magu at different times gave separate authorisations for the sale of seized assets.
Rather than harmonise the disposal of assets forfeited by alleged looters and other individuals arraigned on charges of financial and cybercrimes, findings indicated that their respective offices had separately invited auctioneers to bid for the sale of luxury homes, cars, trucks, sea vessels, crude oil and other valuables running into billions of naira.
The Ministry of Justice and the EFCC had placed several auction notices in the Federal Tenders Journal and other media inviting the public for auction sales of some seized assets.
