Home News EFCC Secures Interim Forfeiture of N250m to FG

EFCC Secures Interim Forfeiture of N250m to FG

by Our Reporter
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office,
on Wednesday, June 24, 2020, secured the interim forfeiture of the sum
of N250,000,000.00 ( Two Hundred and Fifty Million Naira ) illegally
diverted from the Niger Delta Development Commission, NDDC, through a
contractor.

Justice Rilwan Aikawa of the Federal High Court, Ikoyi, Lagos gave the
order, following an ex-parte application filed by the Commission.

Counsel to the EFCC, Usman Buhari, in the application, stated that the
money had been illegally diverted from the NDDC, through a contract
awarded by the Federal Government of Nigeria.

Buhari also prayed for an order of the court, directing the publication
of the interim forfeiture in a national newspaper for anyone interested
in the fund to show cause, within 14 days, why a final order of
forfeiture should not be made on it in favor of the Federal Government
of Nigeria.

Justice Aikawa, in a short ruling, granted all the reliefs sought by the
EFCC and ordered the forfeiture of the money to the Federal  Government
of Nigeria.

The judge further directed the Commission to publish the order in any
national newspaper within 14 days, notifying the respondents or anyone
interested in the money to appear before the court and show cause why it
should not be finally forfeited to the Federal Government of Nigeria.

He adjourned the matter till July 9, 2020.

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