FG Launches Central Database for Recovered Stolen Assets

The Federal Government has formally launched a central database for the management of recovered assets.

During the launch on Thursday, in Abuja, the Minister of Justice, Abubakar Malami said all the assets that have been recovered by the Federal Government are now tied to specific projects.

Present at the launch were officials from government agencies including the anti-graft agencies, Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC), as well as the Federal Inland Revenue Service (FIRS).

 ICPC Chairman, Prof, Bolaji Owasanoye on his part said all anti-corruption agencies should be digitalized and integrated for easy access.He adds that the idea of the central database system is to ensure that all anti-corruption agencies harmonize all recovered assets.

It would be recalled that the Attorney General of the Federation and Minister of Justice had earlier in December 2019 told journalists in Abuja that a central database will be created for the management of recovered assets stolen from the country.