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Tag Archives: final forfeiture

Court Orders Final Forfeiture Of N204.2m Ikoyi Property

Ikoyi property

Justice Chuka A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, October 3, 2018, ordered the final forfeiture of Ikoyi property worth N204, 200,000 recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC, to the Federal Government. The judge had on April 25, 2018, ordered the interim forfeiture of the property, ...

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EFCC seizes N1bn hotel belonging to Jonathan’s ex-aide, Ima Niboro


Despite decamping to the All Progressives Congress, [APC], former presidential aide has lost – temporarily – a big hotel to the Economic and Financial Crimes Commission (EFCC). The anti-graft agency seized the hotel, allegedly worth “between N650 million and N1 billion”, from Mr. Ima Niboro, who was former President Goodluck Jonathan’s spokesman. EFCC also seized N500million in Maitama District, Abuja. ...

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Contractor kicks against the final forfeiture of Lekki’s properties


A contractor to the Niger Delta Development Commission (NDDC) Francis Momoh, who was accused of paying multiple kickbacks to former Executive Director of Projects of the commission, Tuoyo Omatsuli yesterday urged a Federal High Court in Lagos to lift the temporary order of forfeiture placed on two properties located in the Lekki area of the state. Momoh, who is claiming ...

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Court forfeit properties linked to Diezani Alison-Madueke

Diezani Alison-Madueke

A Federal High Court in Lagos has adjourned until February14, a suit seeking final forfeiture of two penthouse structures, allegedly linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The suit was adjourned to a further date following the absence of Justice Mojisola Olatoregun, who was said to be attending a workshop. Olatoregun had on December 5, 2017, ...

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