Section 5: Role of the Directorate in the process of management of forfeited properties.

1 Subject to the provisions of this Act, the Directorate shall—
a be informed of any property seized in the course of investigation, within 14 days or soon thereafter for the purpose of documentation;
b take possession of property subject to forfeiture order from any person or entity in possession or entitled to possession of the property, and may appoint a receiver for that purpose; and
c subject to the specific orders of the Court, transfer for its effective management any forfeited property within 30 days.

2 Properties forfeited shall be vested in the relevant organisation for and on behalf of the Federal Government of Nigeria.