The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced that it realised N1.87 billion from the auction of 23 forfeited assets in 2024 — the highest amount since the Commission’s establishment.
ICPC spokesperson Demola Bakare disclosed this in a statement on Wednesday, following the 2025 meeting of the Asset Disposal Committee, where the report was presented by the Proceeds of Crime Department (POCD).
“The exercise was conducted in line with the Proceeds of Crime (Recovery and Management) Act (POCA) 2022, which empowers the Commission to recover, manage, and dispose of assets derived from illicit activities,” Mr
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