FEATURED
Assets Forfeiture: Presidential Panel Seals Senator Nwaoboshi’s Property In Delta, Abuja, Lagos [See list]
The Special Presidential Investigation Panel for the Recovery of Public Property has sealed off suspicious assets and property belonging to Senator Peter Nwaoboshi, located in Warri, Asaba in Delta State, and Lagos State.
According to Daily Post, the Presidential Panel carried out the action on the premise of last week’s ruling of a Federal High Court sitting in Abuja which ordered an interim forfeiture of property belonging to Nwaoboshi, who represents Delta North senatorial district.
Ruling in suit no FHC/ABJ/CS/1127/18 filed by the Special Presidential Investigation Panel for the Recovery of Public Property on behalf of the Federal Government, Justice Taiwo O. Taiwo also placed a post-no-debit order on 22 bank accounts linked to Nwaoboshi.
The embattled lawmaker was recently referred to the Office of the Department of Public Prosecutions, Federal Ministry of Justice by the Special Presidential Investigation Panel led by Chief Okoi Obono-Obla for allegedly making false assets declaration in his Form CCB1 submitted to the Code of Conduct Bureau.
According to the ruling, 14 properties and 22 bank accounts linked to the senator are to be temporarily forfeited to the federal government.
Aside sealing off the properties, the Panel also wrote to several banks including Zenith International Bank Plc ; United Bank of Africa ; Sterling Bank Plc and Access Bank Plc to block Senator Nwaoboshi from operating multiple accounts maintained by him in these banks pursuant to the Order of the Interim forfeiture given by the Court.
Some of the properties sealed by the Presidential Panel included: Summing Electrical Company located at Asagba along Asaba Airport Road, Asaba, Delta State; PON filling station along Asaba Airport Road, Asaba, Delta State, and a Multibillion Naira Estate under construction at Maryam Babangida Road, Asaba, Delta State.
Others are: Cartage Cinema located at Okpana Road beside Rain Oil Petrol Station, Asaba, Delta State; Newbridge filling Station along Airport Road, Warri, Delta State and a house at No 8 Monu Olanrewaju Crescent, GRA, Asaba, Delta State.
Senators Nwaoboshi’s properties sealed in Lagos are Guinea House, No 27, Marina Road, Apapa: A multi-billion building located at 41, Burma road, Apapa, Lagos.
In Abuja, House No 25 6932 road, Adban Estate, Gwarimpa; and Plot 3011B Kuranakh Close, Maitama were sealed. Also, a number of plots of land were also sealed by the Panel.
Isoko South Boss Intervenes to Restore Power in Isoko, Meets BEDC Official Amid Series of Protests
Obi Faults Tinubu’s Food Security Policies as Nigeria Slides Deeper into Global Hunger Rankings
After Two Years in Custody and a Tragic Loss, Court Rules Okuama Leaders Must Go Free
BREAKING: House of Reps Passes State Police Bill in Historic Security Reform Vote
Tinubu Losing Sleep Over Insecurity, States Must Support Security Efforts — Shagari
Police Foil Driver’s Plot to Kidnap Chinese Businessman for N50M in Ogun
Soldiers, DSS Uncover Cache of Arms from IPOB’S ESN in Enugu
‘Many Legislators Are Having Hypertension’ Over Outcome of APC Primaries – Akpabio Tells APC NWC
UPDATED: Troops Foil Mass Abduction of WAEC Candidates in Kogi, Three Killed in Bandit Attack
Insecurity: Isoko South Boss Hosts Arewa Community Leaders, Security Chiefs to Strategic Meeting
UPDATED: Olero Siege: Itsekiri Chevron Hosts Demand Probe of Peace Breach, Evacuation of Ijaws
“Honorary Degree Holders Cannot Use ‘Dr.’ Title” — FG Unveils Tough New Rules for Universities
INEC Fixes June 16-25 for Party Primaries in Restored State Constituencies in Delta, Others
FG To Receives First Batch of 268 Nigerians Evacuated from South Africa Over Xenophobic Attacks
