The Real Estate and Developers Association of Nigeria (REDAN) has backed the call by Economic and Financial Crimes Commission (EFCC) , mandating all real estate developers to join REDAN so as to aide easy tracing of transfer of ill-gotten wealth and any form of fraudulent activities in the real estate sector.
Chief Victor Mark , Publicity Secretary of REDAN in Ogun, stated this in a statement issued in Abeokuta on Wednesday.
Mark noted that the attention of REDAN had been called to many cries by the members of the public over fraud committed against them by real estate developers who were not members of the association.
“This will not only bring succor to the unsuspecting members of the public but as well make it easy for law enforcement agents including the EFCC nip in the bud , the bad eggs in the real estate business.
“To this end, we call on real estate business to join the association as a matter of urgency, so as to further reduce fraud in the business and as well as identify fraudsters for the reason of handing them over to the police.
“After this call, anyone who refuses to join the association can easily be identified as a schadenfreude in the business who derive joy and illegal wealth through fraudulent means.
“We however use this opportunity to call on the members of the public to stop patronizing anyone who is not a member of REDAN as they are best described as disingenuous sugary set of people whose aim are mainly to defraud and tarnish the image of our noble association .
“More often that not, members of REDAN across board do have approved layout due to our affiliation with and recognition by government.
“Hence, we are stating unequivocally that we are in full support of the EFCC’s call and even further charge other law enforcers to join force with the EFCC and embark on an aggressive manhunt of these culprits,” he said.