Breaking News
BREAKING: Court Grants EFCC Request, Seizes Kogi Govt Linked Multibillion Naira Properties
The Federal High Court sitting in Lagos has granted the request of the Economic and Financial Crimes Commission (EFCC) for the interim forfeiture of 14 properties in Lagos, Abuja, United Arab Emirates linked to the Kogi State Government.
Tracknews reports that Justice Nicholas Oweibo granted the order following an ex parte motion filed and argued by EFCC counsel, Rotimi Oyedepo, SAN, in suit FHC/L/CS/301/2023.
The EFCC told the court that the properties, including the one in the world’s tallest building Burj Khalifa in Dubai, UAE, were reasonably suspected to have been derived from unlawful activity.
Oyedepo further told the court that the N400m was reasonably suspected to have been derived from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos.”
Ruling, Justice Oweibo authorised the EFCC to confiscate the sum of N400million also linked to the State and recovered from one Aminu Falala.
The judge also directed the (EFCC) to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanent.
-
News4 days ago
EFCC slams Edu, Farouq, Shehu, says N32.7bn, $445,000 recovered from humanitarian ministry
-
Politics3 days ago
Work On Akaba-Okodi Road Impressive, Says Gov Diri
-
Crime3 days ago
Oyo State Police Mentions Names Of Who Invaded Oyo Sate Secretariat
-
News3 days ago
Nigerians Calls On Pastor Enenche Paul To make Apology To his Church Memeber Who He Embarrased While Giving Testimony
-
Entertainment4 days ago
Junior Pope: ‘I Blame Myself For Shooting In Asaba’, Adanma Luke Laments
-
News4 days ago
REWARD: Police Sets to Award Deserving Officers for Exemplary Performance
-
News2 days ago
Okuama: Gov Diri Urges Igbomotoru Residents To Return Home
-
Breaking News4 days ago
DSS arrests El-Rufai’s political ally, Aisha Galadima, for criticising Governor Sani