Categories: News

Court Orders Okorocha’s Aide To Forfeit N1.5 Billion Hospital To Nigerian Government

A Federal High Court sitting in Owerri has ordered the final forfeiture of Dew of Hope hospital linked to former governor Rochas Okorocha’s principal secretary, Paschal Obi, following an application by the Economic and Financial Crimes Commission (EFCC).

The EFCC had initially secured an interim forfeiture of the N1.5 Billion state-of-the-art 200-bed health facility is located in Imo, on August 22, 2019.

The anti-graft agency said its investigation revealed that the property may have been acquired through proceeds of illicit activities.

After funds from the Government House, Owerri were traced to the hospital, Pascal Obi and other board members of the hospital, vehemently denied ownership of the medical facility, EFCC said.

The statement from EFCC’s Head, Media & Publicity, Wilson Uwujaren said;

“The Commission’s investigation revealed that Dr. Paschal Obi, former Permanent Secretary and Principal Secretary to then-Governor Okorocha, now a serving member of the House of Representatives, was a signatory to the accounts.”

“However, Obi, like members of the board of the hospital, vehemently denied ownership of the medical facility.

“The managing director of the hospital on invitation, could not also explain how the hospital was funded.

“These developments led the Commission to file for the forefeiture of the property on July 25, 2019 under Section 17 of the Advance Fee Fraud, and Other Related Offences Act 2006.

“In granting the request for the interim forfeiture of the property, the court ordered the anti-graft agency to publish the Order in a national newspaper,”

After fourteen days which was the duration granted for the notice and no one showed up to explain why the property should not be forfeited, EFCC filed for the final forfeiture of the facility, which was granted by Justice T.G Ringin on Friday, December 6, 2019.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Afreximbank targets $1 billion in deals at CANEX Lagos

LAGOS, Nigeria — The African Export-Import Bank (Afreximbank) is targeting at least $1 billion in…

13 hours ago

Honeywell leads gainers as stocks shed ₦3.52 trillion

LAGOS, Nigeria — Nigerian equities lost ₦3.52 trillion in market value in the week ended…

13 hours ago

NAHCO nine-month net profit rises 19.2%

LAGOS, Nigeria — Nigerian Aviation Handling Company Plc (NAHCO) reported a 19.2% rise in net…

2 days ago

Edo signs deal with China Express for state airline

BENIN CITY, Nigeria — The Edo State Government has signed a Memorandum of Understanding with…

2 days ago

CBN allots ₦3.46 trillion as Treasury Bill rates hold

The Central Bank of Nigeria (CBN) allotted about ₦3.46 trillion across two auctions this week,…

3 days ago

GIGM seeks return of 50% fare cut

God Is Good Mobility (GIGM), formerly God Is Good Motors, says it is looking forward…

3 days ago