In News by Oluwaseun Samuel on the 25th, June, 2020

EFCC Secures Interim Forfeiture Of N250m To FG

EFCC Secures Interim Forfeiture Of N250m To FG


EFCC Secures Interim Forfeiture Of N250m To FG

The EFCC, Lagos Zonal Workplace, on Wednesday, June 24, secured the interim forfeiture of the sum of N250,00zero,00zero.00 (Two Hundred and Fifty Million Naira) allegedly diverted illegally from the Niger Delta Improvement Fee, NDDC, via a contractor.

Justice Rilwan Aikawa of the Federal Excessive Courtroom, Ikoyi, Lagos gave the order, following an ex-parte software filed by the Fee.

Counsel to the EFCC, Usman Buhari, within the software, said that the cash had been illegally diverted from the NDDC, via a contract awarded by the Federal Authorities of Nigeria.

Buhari additionally prayed for an order of the court docket, directing the publication of the interim forfeiture in a nationwide newspaper for anybody within the fund to indicate trigger, inside 14 days, why a ultimate order of forfeiture shouldn’t be made on it in favour of the Federal Authorities.

Justice Aikawa, in a brief ruling, granted all of the reliefs sought by the EFCC and ordered the forfeiture of the cash to the Federal Authorities of Nigeria.

The decide additional directed the Fee to publish the order in any nationwide newspaper inside 14 days, notifying the respondents or anybody within the cash to look earlier than the court docket and present trigger why it shouldn’t be lastly forfeited to Federal Authorities of Nigeria.

He adjourned the matter until July 9, 2020.

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