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Tag Archives: EFCC

EFCC goes after Jonathan’s wife’s assets

EFCC goes after Jonathan’s wife’s assets

“The Economic and Financial Crimes Commission, EFCC is set  to apply for the final forfeiture of  choice properties  allegedly owned by former First Lady  Patience Jonathan.”- The Nation But the commission has been having difficulty in getting the original titles of the assets. They include Aridolf  Resort, Wellness and Spa  and  eight others. The anti-graft commission may ask the court ...

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Ex-Naval Chief used family company to acquire N600m property

How Ex-Naval Chief, used family company to acquire N600m property

“Peter Oguebie, managing director, Petrus Ogu Nigeria Limited, who is also a witness in the trial of a former Chief of Naval Staff, Vice Admiral Usman Jibrin, on Monday, May 22, 2017 told Justice A. S. Umar of the Federal Capital Territory High Court sitting in Maitama, Abuja that his company sold a property worth N600million to the former naval chief through ...

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Ex-PDP Chairman owns Ikoyi home where $43.4m, N23.2m, £27,800 was found

Ex-PDP Chairman owns Ikoyi home where $43.4m, N23.2m, £27,800 was found

According to PM News, the owner of the Ikoyi home, Lagos, where $43.4m, N23.2m, £27,800 was discovered by the Economic and Financial Crimes Commission (EFCC) on Wednesday has been revealed. The owner is none other than Ahmadu Adamu Mu’azu, a former National Chairman of the People’s Democratic Party (PDP). A source close to the EFCC told SaharaReporters that the building belongs ...

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Court Convicts INEC Official, to Forfeit Land, Other Assets to FG

Court remands land agent for alleged land fraud

“A Federal High Court in Lagos, presided over by Justice Mohammed Idris wednesday convicted and sentenced an official of the Independent National Electoral Commission (INEC), Yisa Olarenwaju Adedoyin, was convicted on the basis of a plea bargain he entered with the Economic and Financial Crimes Commission (EFCC).”- This Day The plea bargain agreement was dated May 2, 2017. The judge ...

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Court orders temporary forfeiture of Senator’s 12-storey building

Court orders temporary forfeiture of Senator’s 12-storey building

Premium Times says that a Federal High Court, Lagos, on Monday ordered temporary forfeiture of a 12-storey building belonging to a Peoples Democratic Party (PDP) Senator, Peter Nwaoboshi. The property located at 27 Marine Road, Apapa, is said to belong to Mr. Nwaoboshi who is senator representing Delta North Senatorial District. The court’s order was sequel to an ex-parte application, ...

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Court strikes out Obanikoro’s suit

Court strikes out Obanikoro’s suit

According to The Guardian, a Federal High Court in Lagos has struck out a N100 million suit filed by Senator Musiliu Obanikoro and his family against the Economic and Financial Crimes Commission (EFCC). Obanikoro, his wife, Miroophat and his two sons, Gbolahan, Babajide and Fati, Babajide’s wife had sued the anti-graft agency for breach of their fundamental rights. They urged ...

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Estate manager arraigned for foreign exchange fraud

Alleged N2b land fraud: EFCC quizzes Abuja estate developer, SAN

According to The Nation, the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High Court sitting in Ikeja. They are ...

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Senator Musiliu Obanikoro sues EFCC over seizure of property and demands apology

Musiliu Obanikoro

Senator Musiliu Obanikoro, a former Minister of State for Defence, has sued the Economic and Financial Crimes Commission (EFCC) at the Federal High Court, Lagos over the seizure and detention of his property. According to The Guardian, The ex-minister and his family are seeking a court’s declaration that the forceful seizure of their personal effects constitutes a gross violation of ...

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Ex-CBN staff forfeits property to EFCC

EX-CBN staff forfeits property to EFCC

Premium Times reports that the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Monday‎ executed the interim order granted by a Federal High Court, Ado-Ekiti, in respect of the property of Teedek Polytechnic, Ilogbo- Ekiti. The institution was allegedly being operated by Johnson Babalola, a former Principal Manager of the Central Bank of Nigeria, CBN, without the requisite ...

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Ex-FCT Minister and Son to Forfeit 10 Properties

EX-minister , FCT, Senator Bala Mohammed

Pulse reports that Ex-Minister of the Federal Capital Territory, Senator Bala Mohammed, and his son, Shamusideen Bala Mohammed will be forfeiting 10 of their properties to the Federal Government. In a recent report by Punch Newspaper, Bala and his son are to temporarily forfeit the properties as ordered by two high courts in Abuja. Also to be forfeited by Bala ...

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