The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed its commitment to transparency, accountability, and due process in the conduct of its 2025 Asset Disposal Exercise.
Its Spokesperson Demola Bakare said this in a statement on Friday in Abuja.
Bakare quoted the ICPC Chairman, Dr Musa Aliyu, as saying this in his address to auctioneers at the official bid opening ceremony in Abuja, on Thursday.
Aliyu, who was represented by the Director of the Systems Study and Review Department, Mr Olusegun Adigun, emphasised that the entire process would be guided by transparency, integrity, and merit.
He noted that the commission’s credibility depends on how faithfully it upholds these core principles.
The ICPC chairman further assured that the commission would continue to ensure that all recovered assets are utilised for national development.
“As an institution, the ICPC remains resolute in ensuring that every kobo recovered on behalf of the Nigerian people is properly managed, transparently utilized, and ultimately channeled toward national development,” he said.
Aliyu also emphasised that all submissions from the auctioneers would be evaluated strictly on merit, in accordance with laid down criteria and without bias or favoritism.
In her remarks, the Director of the Proceeds of Crimes Department (POCD), Mrs Grace Aga-Ibe, echoed the chairman’s position, reaffirming that the commission remains deeply committed to ensuring that every process reflects integrity and fairness.
Similarly, the Executive Director of the Center for Fiscal Transparency and Public Integrity, Mr Umar Yakubu, commended the ICPC for conducting a transparent and credible process consistent with the United Nations Convention Against Corruption
Other auctioneers present at the event also lauded the Commission for its openness and professionalism. They were informed that only those who met the stipulated requirements would be invited to the next stage of the exercise.
Representatives from the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ) were also in attendance.
The News Agency of Nigeria (NAN) reports that the commission had, in October, publicised the recovery outcomes from its 2024 Asset Disposal Exercise.