The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has again underscored its commitment to transparency and strict adherence to due process as it commences the 2025 Asset Disposal Exercise.
The Commission’s Chairman, Dr. Musa Adamu Aliyu, made the clarification on Thursday during the official bid-opening ceremony for accredited auctioneers at the ICPC Headquarters in Abuja. He was represented by the Director of Systems Study and Review, Mr. Olusegun Adigun.
Dr. Aliyu said the Commission’s integrity is tied to the credibility of the disposal process, stressing that the exercise would be guided strictly by transparency, merit, and established regulatory standards.
The Chairman also assured that all submissions by auctioneers would be assessed objectively and strictly in line with stipulated criteria, with no room for undue influence, favoritism or irregularities.
Director of the Proceeds of Crime Department, Mrs. Grace Aga-Ibe, reinforced this stance, noting that the Commission is determined to ensure that every phase of the exercise reflects fairness and institutional integrity.
Executive Director of the Center for Fiscal Transparency and Public Integrity (CeFTPI), Mr. Umar Yakubu, commended the ICPC for running a process aligned with global anti-corruption norms, including the United Nations Convention Against Corruption (UNCAC).
Auctioneers present at the ceremony also lauded the Commission for what they described as an open, credible, and professionally managed exercise. Officials reminded participants that only firms that fully meet the requirements would proceed to the next stage.
Representatives of the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ) attended the event.
It will be recalled that in October, the Commission published details of recoveries and outcomes from its 2024 Asset Disposal Exercise.