NIESV, Others should partner with EFCC to sponsor bill on Public Asset Declaration and Valuation
Oru Leonard
A renouned Estate Survey Valuer, ESV Effa Imoh Okim has advocated that NIESV, as an Institution, should partner with government and other relevant stakeholders, including the EFCC to sponsor a bill in the National Assembly that will ensure that all public servants and politicians, who have the statutory obligations to declare their Assets at approved intervals, should only do so, by affixing Valuation Reports by Professional Estate Surveyors and Valuers.
Effa stated this while giving his goodwill address on behalf of EFCC Acting Executive Chairman and Director SCUML yesterday during the Nigeria Institution of Estate Surveyors and Valuers (NIESV) 53rd Annual Conference in Illorin. Kwara State. THEME: Asset Valuation as a global anti corruption tool. The Nigerian experience.
He said ascertaining the real market value of their movable and immovable assets and not mere assumption of value as it is the case now will ensure accuracy, while same should apply to auctioneering, property Taxation, procurement among others.
He disclosed that it will also be a huge revenue generation source for government, expand the market for Valuers, ensure accurate Property values data base and a veritable tool to fight money laundering in the real estate sector.
EffA Imoh Okim is a duly registered Estate Surveyor and Valuer, a Certified Fraud Examiner, a Project Management Professional, amongst others and a Deputy Zonal Commander of the EFCC. He has written several articles which include, EFCC: its impact in the real estate sector, Short- Let Rentals: a growing trend in the real estate sector and Asset Valuation: a veritable and useful global tool for the investigation of economic and financial crimes.
