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Tag Archives: Ikoyi properties

Court orders interim forfeiture of N8.8bn ‘unclaimed’ properties to FG

interim forfeiture

An FCT High Court, Maitama has granted an order of interim forfeiture of 29 properties in different locations in Abuja said to be worth about N8.8billion. The Independent and Corrupt Practices and Other Related Commission (ICPC), had applied for the interim forfeiture of the properties through an ex-parte motion. Twenty seven respondents were listed on the motion including Shehu Yaradua ...

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Firm’s Ikoyi property C of O gets nullified by court

C of O

The Court of Appeal, Lagos Division has nullified the Certificate of Occupancy (C of O) given by the Federal Government to Sunnyvale Nigeria Limited in respect of a parcel of land situated at Plot 25, Block 6, Ikoyi Foreshore, Lagos. The appellate court, in a lead judgment by Justice Ugochukwu Ogakwu, on March 6, 2019, restrained Sunnyvale Nigeria Limited, its ...

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