Connect with us

FEATURED

Court Orders Interim Forfeiture Of N150m Allegedly Belonging To Nicholas Mutu

Published

on

Nicholas Mutu

Justice Folashade Ogunbanjo Giwa of the Federal High Court, Abuja, on Thursday, October 31, 2019, ordered the interim forfeiture of N150 million (One Hundred and Fifty Million Naira), allegedly belonging to Nicholas Mutu Ebomo.

Mutu was the chairman, House of Representatives Committee on Niger Delta Development Commission, NDDC.

This was contained in a statement by EFCC’s spokesman, Wilson Uwujeran.

According to the commission, while moving the application for the forfeiture order, EFCC’s counsel, Iheanacho stated that the money was recovered by the EFCC in the course of investigating contracts awarded by the NDDC.

He affirmed that NDDC engaged the services of Starline Consultancy Services to recover funds owed it by oil and gas companies and that Starline sought the assistance of the House Committee on NDDC in the recovering of the funds.

The oil companies eventually paid the debts to Starline, with a total sum of N10 billion being realised.

According to the prosecutor, investigation further revealed that Hon Ebomo received bribe and kickbacks to the tune of over N400 million (Four Hundred Million Naira) as appreciation for his role in using the office of House Chairman on NDDC to facilitate the recovering of the monies.

Iheanacho said the money the Commission is seeking its forfeiture to the federal government is the N150 million refunded by Hon Ebomo in favour of the EFCC Recovery Fund Account.

Justice Giwa granted the prayer and directed that the order be published in a national newspaper for persons with interest in the fund to show cause, why the final order of the forfeiture of the funds should not be made in favour of the Federal government.

Continue Reading
Advertisement
Click to comment
COMMUNITY REPORT7 hours ago

Oborevwori, Ibori, Okowa, Omo-Agege, Nwoko, Others Pay Last Respect to ex-Delta Deputy Governor Elue

FEATURED7 hours ago

Syndicate Busted in Delta as Police Arrest Five Who Abducted Passengers in February

FEATURED20 hours ago

Two Delta Police Officers Captured in Viral Video Face Orderly Room Trial Over Misconduct

FEATURED1 day ago

$250,000 Scam: Fake World Bank Staff Arrested for Allegedly Duping Kenyan Couple

N-Power: gd-jpeg v1.0 (using IJG JPEG v62), quality = 85
FEATURED1 day ago

Alleged $1.3m, N746.6m Fraud: Court Issues Arrest Warrant Against Former Humanitarian Minister Sadiya, Perm Sec

COMMUNITY REPORT1 day ago

Delta: Two Arraigned in Warri Over Extortion as Oborevwori Reiterates Ban on Levies from Property Developers

FEATURED2 days ago

Police Intercept Hard Drugs Concealed Inside Energy Saving Bulbs in Delta

FEATURED2 days ago

How Nigerian Fugitive Was Arrested, Extradited to UK to Face Murder, Drug Trafficking Charges

social media
NEWS2 days ago

APC Chieftain Eboh Chides Opposition to Ned Nwoko’s Ambition as Self-Serving

FEATURED2 days ago

Emerhor’s Senatorial Bid Boosted as APC’s Delta Central Elders, Leaders Endorse Him as Sole Candidate

Mr. Bayo Ojulari
FEATURED2 days ago

Senate Slams NNPCL with April 29 Deadline to Explain N210Trn Discrepancy or Face Sanctions

Bello Matawalle
FEATURED2 days ago

US Lawmaker Demands Removal of Minister of Defence State, Matawalle Over Nigeria’s Insecurity

FEATURED3 days ago

2027 Presidential and Governorship: Ijaw Nation Adopts Tinubu, Oborevwori’s Re-election Bid

Rivers Assembly
FEATURED3 days ago

Delta PDP Slams APC for Hijacking State Secretariat, Accuses APC of ‘Fleecing Funds’ in Party’s Bank Accounts

COMMUNITY REPORT3 days ago

Isoko Rep’s Race: Ozoro, Otor-Owhe Kingdoms Dump Ukodhiko, Endorse Obomovo as Consensus Candidate

Advertisement
Advertisement

z