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Bola Shagaya may lose N1.9 billion as EFCC moves for final forfeiture

Two men jailed 25 years for smuggling ostrich eggs

Businesswoman and fashion enthusiast, Hajia Bola Shagaya, might lose the sum of N1.9billion, following moves by the Economic and Financial Crimes Commission (EFCC) for a final forfeiture of the said amount.  
The post Bola Shagaya may lose N1.9 billion as EFCC moves for final forfeiture appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

BREAKING: Bola Shagaya loses bid to reclaim seized N1.9bn

BREAKING: Bola Shagaya loses bid to reclaim seized N1.9bn

Oladimeji Ramon The Federal High Court in Lagos has dismissed an application seeking to unfreeze a Unity Bank account with a balance of N1,902,673,399.93 belonging to Hajiya Bola Shagaya. Justice Oluremi Oguntoyinbo, in a judgment on Thursday, threw out Shagaya’s application, declaring that it lacked merit. The Economic and Financial Crimes Commission had, on December […] …

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