News

BREAKING: Court orders final forfeiture of $43m, £27,800, N23.2m EFCC recovered to FG

A Lagos Federal High Court has granted a final forfeiture of the $43.4m, £27,800 and N23.2m found in Ikoyi apartment by the Economic and Financial Crimes Commission, EFCC, to the Federal Government.

Justice Hassan gave the order on Tuesday after the huge funds remained unclaimed.

It would be recalled that following the discovery of the huge sum, the Rivers State government  had alleged that it owned the money but never came out to claim ownership.

The State Governor, Nyesom Wike had equally claimed that he had evidence showing that the money belonged to his state and at the right time he will make the evidence public but till date never made it public.

Related posts

No resumption of oil mining in Ogoni for now-MOSOP

SARS will not be scrapped – Mba

The Port Harcourt Spectator

Rivers Governor moves to improve security in schools

Leave a Comment