Buhari Orders Forfeited Assets to be Sold and Proceeds Given to the TSA

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President Muhammadu Buhari has directed that all assets forfeited to the Federal Government due to corruption cases should be sold and the proceeds forwarded into the Treasury Single Account(TSA).

This gives some clarity as to what the government intends to do with some properties that have been seized after the court delivered forfeiture orders based on corruption charges.

“In my meeting with the Presidential Advisory Committee Against Corruption, today at the State House, I reiterated my directive that every asset forfeited on account of corruption be sold and the money put into the Treasury Single Account (TSA), for the benefit of Nigerians,” Buhari tweeted on Thursday.

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