EFCC boss urges estate surveyors to expose corruption

EFCC estate
EFCC logo

The Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has called on estate surveyors and valuers to see their professional calling as strategic in nation building.

He gave the charge on Thursday, October 12, 2017 during the first joint Mandatory Continuing Professional Development, MCPD, for Nigerian Institute of Estate Surveyors and Valuers, NIESV, the National Unity, FCT Branch, in collaboration with the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) held at Yar’Adua Centre, Abuja.

A statement by EFCC spokesman, Wilson Uwujiaren, quoted Magu as saying: “Every Nigerian has a duty to see to the fact that things are done correctly in order to stop the celebration of corruption in Nigeria.”

Magu real estate
Chairman, Economic and Financial Crimes Commission, Mr. Ibrahim Magu

He further noted that, it is the duty of all professionals in the real estate sector to report any illegal transactions within and outside Nigeria.

“Our number one enemy in this country is corruption, as the corrupt individuals are using the proceeds of corruption to enrich themselves by lavish real estate acquisitions in major cities and foreign countries, including Dubai and the UK,” Magu said.

He urged NIESV to maintain a working relationship with other professional bodies to check corruption, adding that the whistle blowing initiative will aid information sharing to enable the recovery of stolen wealth.

NIESV estate
NIESV logo

In his response, the National President, ESV Ajayi Paunola, said the theme of the seminar: ‘IPSAS, a tool for unlocking the wealth of a Nation,’ was in line with aligning right measures to stamp out corruption in the real estate sector.

He said, “We have been planning and working together with the Special Control Unit Against Money Laundering, SCUML, for a workshop with relevant stakeholders since the beginning of the year. This event is slated for December 6, 2017 at The International Conference Center, Abuja.”

He noted that the objective of the workshop was to ensure that policies are put in place to control all transactions involving real estate by NIESV via the administration of duty stamps for authentication.

The National chairman, NIESV, Dr. Muhammed B. Nuhu, said that, the seminar would address the challenges of the 21st century through capacity building and service efficiency, effectiveness and productivity.

“The noble initiative to hold MCPD is to share knowledge, experience and brainstorm on possible ways of repositioning and updating estate surveying and valuation knowledge,” Nuhu said.


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