Nigerian government launches database for tracked stolen assets

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The Nigerian government has officially launched a central asset database initiative designed to trace, track and recover stolen assets.
The central database will help in the management of recovered assets, and according to the Minister of Justice, Abubakar Malami, all the assets that have been recovered by the federal government are now tied to specific projects.
Malami disclosed this on Thursday in Abuja at a programme tagged: ‘Formal launch of the Central Database under Asset Tracing, recovery and management Regulations 2019 and the Central Criminal Justice Information System (CCJIS) under the National Anti-Corruption Strategy 2017-2019, and Sensitization Workshop for stakeholders.’
The launch was witnessed by officials from government agencies including the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC), and the Federal Inland Revenue Service (FIRS).
Malami described the initiative as continual efforts and further commitment of the President Muhammadu Buhari’s administration to fighting corruption in the country.
He said: “Apart from our involvement in the Open Government Partnership initiative, anti-corruption agencies saddled with responsibilities have been given adequate support to succeed.”
The Minister added that the initiative will enable relevant stakeholders key into the 21st Century technology in Nigeria which guarantees transparency and ensures there is accountability on the part of public officers.

Additional Sources: PRNigeria, Channel TV

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