Justice Dehinde Dipeolu of a Federal High Court sitting in Ikoyi, Lagos, on Wednesday, ordered the final forfeiture of the sums of $20,000 and CFA 110,000 to the Federal Government of Nigeria . The monies were intercepted by operatives of the Nigerian Customs Service, NCS, at Seme Border in the Badagry Local Government Area of…
A Federal High Court in Abuja has ordered the final forfeiture of $7 million recovered from the vault of Providus Bank Limited to the federal government of Nigeria. The ruling, delivered on Monday by Justice Emeka Nwite, followed an application filed by the Economic and Financial Crimes Commission (EFCC), which argued that the funds were…
Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, ordered the final forfeiture of several units of shares valued at N246,305,544 linked to a former Managing Director of the Nigerian Army Properties Limited, NAPL, Major-General U.M. Mohammed (rted.), to the federal government of Nigeria. The judge gave the order, following…
Justice Haleema Saleeman of the Kwara State High Court, Ilorin, has ordered the final forfeiture of two tractors and two auto rickshaws acquired by Kayode Oyin-Zubair, a former Special Assistant on Community Intervention to ex-Kwara State governor, Abdulfatah Ahmed in favour of Self Reliance Economic Advancement Programme, SEAP, in the state. In giving the ruling,…
A federal high court in Lagos has ordered the permanent forfeiture of $4.7 million, N830 million, and properties linked to Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). Yellim Bogoro, the presiding judge, granted the final forfeiture application brought by the Economic and Financial Crimes Commission (EFCC), in a judgement delivered on…
