Connect with us

FEATURED

EFCC Unveils Details Of N11bn Property Seized From Unknown Military Officer 

Published

on

Profiled





One day after getting a court order  for the final forfeiture of 24 property worth N11 billion to the Federal Government of Nigeria, the Economic and  Financial Crimes Commission, EFCC, Tuesday, released the details of  the 24 property seized from a top military officer.The EFCC had, on Monday, received the nod for a final forfeiture of the army officer’s property to the Federal Government from Justice N. E. Maha of the Federal High Court Abuja.

The order was pursuant to a forfeiture application by EFCC, which had in May 2020 secured the interim forfeiture of the property, which it claimed were secured with proceeds of economic crime.

The property

The 24 property scattered across Kano, Kaduna, Borno and Cross River States, comprise land, shopping complex, gas station and fuel stations, events centres, block factories and plastic production factory, cumulatively valued at N10.9 billion.

Advertisement

Before the final forfeiture on Monday, the court had ordered the publication of notices in national newspapers, inviting persons with interest in them to show cause why they should not be finally forfeited to the Federal Government of Nigeria.

A statement by the spokesman for the EFCC, Mr. Wilson Uwujaren, and made available to Vanguard on Tuesday, pointed out that with no such interest shown by any entity, Justice Maha ordered the final forfeiture of the property to the Federal Government of Nigeria.

(Vanguard)

Advertisement

 

 

 

Advertisement

Advertisement
Click to comment
Gbaramatu-Ijaws
FEATURED2 hours ago

Itsekiri Leader, Eyengho Raises Alarm, Says “My Life is Under Threat by Gbaramatu-Ijaws; My Phone Already Bugged”

Naira Notes
BUSINESS14 hours ago

BREAKING: CBN Restricts Capital Distribution for Selected Banks to Ensure Stability Ahead of 2026 Recapitalisation Deadline

COMMUNITY REPORT15 hours ago

Delta Council Boss Says Healthy Environment Priority of His Administration

FEATURED1 day ago

Delta Gov’s Wife Highlights Govt Support for Woman Who Gave Birth to Quintuplets, Debunks Viral Video of Neglect

FEATURED1 day ago

Gov Oborevwori’s Aide Narrates Ordeal: How Kwale Youths Turn Protest to Criminal Siege on Ughelli-Asaba Expressway, Attack Vehicles

FEATURED1 day ago

Delta North: We Planned for 2,000 but got over 5,000 – Ned Nwoko’s CoS Highlights Unprecedented Attendance at Constituency Meeting

COMMUNITY REPORT2 days ago

Ijaw, Itsekiri Clash Worsen as Gbaramatu Kingdom Raises Alarm over Alleged Threats to Sack ‘Ikantu and Ijaghala Communities’

COMMUNITY REPORT2 days ago

Isoko South Chair Inaugurates Basketball Court to Encourage Youths in Sports

FEATURED2 days ago

Tinubu Bows to Pressure, to Visit Benue over Spate of Mass Killings on Wed, Postpones Official Visit to Kaduna

FEATURED2 days ago

Isoko Youth Group Alleges Warri Ward Delineation Plot to Destabilize Delta South Ahead of 2031 Elections

FEATURED2 days ago

75 Senators Back Anioma State Creation -Fmr. HoR Member, Nicholas Ossai Reveals Progress

FEATURED3 days ago

How Operatives of CP-SAT Arrested Suspected Armed Robbers, Gunrunners in Delta

FEATURED3 days ago

EFCC Arraigns Top Executives of Sun Trust Bank over Alleged $12m Fraud

FEATURED3 days ago

President Tinubu Gives Gombe Govt N60bn for its Agro-livestock Industrial Zone Project

Anioma State
FEATURED4 days ago

Sen. Nwoko Announces Scholarships for 90 Students Across Delta North

Advertisement
Advertisement