News
Court Orders Forfeiture Of Nigerian Senator’s 14 Properties, 22 Bank Accounts
Abuja Division of the Federal High Court has approved an interim forfeiture of Peter Nwaoboshi‘s properties to the Nigerian government.
The court made an initial order for the confiscation of 14 properties and 22 bank accounts linked to Mr Nwaoboshi on Tuesday.
According to Premium Times, the bank accounts were traced to Zenith Bank, UBA, Access Bank and Sterling Bank, and they were all joined in the suit of the temporary forfeiture order.
The Delta North senator was given 30 days to justify how he acquired the properties and convince the court not to grant a permanent forfeiture of the assets to the Nigerian government.
The order came amidst a deepening probe of Mr Nwaoboshi’s wealth, which federal authorities argued was ill-gotten and should be forfeited.
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