Wednesday 19 August 2015

‘Super Rich’ Civil Servants Rush To Sell Houses (See Why)


Some ‘super rich’ civil servants are not comfortable this times as they are said to be rushing to sell their choice houses and state-of-the-art automobiles in order to avoid losing the properties to the President Muhammadu Buhari’s anti-graft crusade.

Already, the Independent Corrupt Practices and other related offences Commission has reportedly confiscated some buildings said to have been owned by public servants whose earnings are said not to support ownership of such grand structures.

On Tuesday some civil servants now bombard estate agents in the Federal Capital Territory in order to aid the quick sale of their properties, while financially buoyant buyers were said to have started cashing in on the development.

The sale of properties in Abuja since the new administration came on board had increased by about 30 per cent.

In fact, it was learnt that property sales in the FCT increased “tremendously” within the past four weeks, in contrast to the lull that characterised the sector from January to May this year.

Real estate agents in the Federal Capital Territory told The PUNCH that the increase could be attributed to the recent probes of government officials and the resultant confiscation of their properties by the ICPC.  


Punch

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