{"id":89607,"date":"2021-12-08T07:29:16","date_gmt":"2021-12-08T06:29:16","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=89607"},"modified":"2021-12-08T07:29:16","modified_gmt":"2021-12-08T06:29:16","slug":"efcc-secures-forfeiture-of-n503m-for-fg","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/efcc-secures-forfeiture-of-n503m-for-fg\/","title":{"rendered":"EFCC Secures Forfeiture Of N503m For FG"},"content":{"rendered":"
\n
Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of the recovered cumulative sum of over N503million to the federal government.<\/div>\n
\n
\nEFCC spokeperson, Wilson Uwujaren, said the amount included a sum of N393, 053,530.93 in various bank accounts and a property at GRA Birnin kebbi, Kebbi State valued at N110million.<\/p>\n

Justice M.U Dogondaji ordered the final forfeiture of the assets as prayed by the EFCC while ruling on the application brought by the Sokoto zonal command of the Commission<\/p>\n

The court had earlier granted an interim order of forfeiture in respect of the monies and property traced to the bank accounts of an individual and a corporate entity on the suspicion they were proceeds of illicit activities.<\/p>\n

Following the order, the court had given a window for anyone interested in the monies and property to show cause why they should not be finally forfeited to the federal government.<\/p>\n

With no opposition to the EFCC\u2019s application for the final forfeiture, Justice Dogondaji granted the final order forfeiting N205.8 million in Bandado Aisha Magaji\u2019s Ecobank account No: 3080009372; N22.1million in Bandado Aisha Magaji\u2019s Ecobank account No: 4103066788; N36.3 million in Meenu and Meera Nig. Ltd\u2019s Ecobank account No: 5662025663; N83.6 million in Meenu and Meera Nig. Ltd\u2019s Ecobank account No: 3080039831 and a plot of land situated in GRA Birnin-kebbi valued at N110 million to the federal government of Nigeria.<\/p><\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of the recovered cumulative sum of over N503million to the federal government. 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