The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation is in dilemma on how to resolve a brewing crisis between the Economic and Financial Crimes Commission and the Asset Management Corporation of Nigeria.

It was gathered on Tuesday that AMCON was  laying claim to some assets recovered from and forfeited by some allies of a former Minister of Petroleum Resources, Diezani Alison-Madueke. A prominent member of the committee told newsmen that the EFCC had approached the committee to prevent AMCON from getting the assets, some of which were said to have been used as collateral to secure loans from various banks.

The lawmaker, who spoke on the condition of anonymity, said there was suspicion that AMCON’s move  might be an avenue to retrieve the assets from the custody of the EFCC and the Federal Government by extension.