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Court Orders Interim Forfeiture Of 14 Properties Linked To Kogi State Government, N400m



A Federal High Court in Lagos has given an order for the forfeiture of fourteen (14) properties in Lagos, Abuja, and the United Arab Emirates which have links to the Kogi State government.

"Nigerians Are Yearning And Asking Me To Run For President In 2023" - Yahaya Bello

14 Properties Linked To Kogi Government Forfieted

The interim order was granted by Justice Nicholas Oweibo following an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC).

Counsel to the EFCC, Rotimi Oyedepo, who argued the ex parte motion, told the court that the properties, including the one in the world’s tallest building, Burj Khalifa, in Dubai, UAE, were reasonably suspected to have been derived from unlawful activity.

Justice Oweibo further authorised EFCC to confiscate the sum of N400m, also linked to the state and recovered from one Aminu Falala.

Oyedepo informed the court that the N400m was reasonably suspected to have been derived from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos.”

In addition, the judge directed the EFCC to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanent and in favour of the federal government of Nigeria.

The case was adjourned till March 28, 2023.

Meanwhile, Kanyi Daily reported that the National Broadcasting Commission (NBC) on Wednesday, warned all broadcast media stations not to announce election results before the Independent National Electoral Commission (INEC).

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