You are here
Home > forfeiture

Court orders final forfeiture of N2.2bn ‘seized’ from Amosu, ex-air chief

Court orders final forfeiture of N2.2bn ‘seized’ from Amosu, ex-air chief

A federal high court in Lagos has ordered the final forfeiture of N2.24 billion reportedly seized from Adesola Amosu, former chief of air staff, to the federal government. While delivering
The post Court orders final forfeiture of N2.2bn ‘seized’ from Amosu, ex-air chief appeared first on TheCable. …

Court voids forfeiture of properties wrongly linked to Diezani

Court voids forfeiture of properties wrongly linked to Diezani

 Oladimeji Ramon The Federal High Court in Abuja has vacated its order of interim forfeiture made in respect of two London properties that were wrongly linked to a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. The two properties are Flat 5, Parkview, 83-86, Prince Albert Road, London; and Flat 58, Harley House, Marylebone Road, […] …

Court refuses to order final forfeiture of funds in accounts without BVN

Court refuses to order final forfeiture of funds in accounts without BVN

Ade Adesomoju, Abuja The Federal High Court in Abuja on Friday rejected the Federal Government’s request for an order of  final forfeiture of all the funds contained in all accounts without Bank Verification Numbers in the country’s 19 commercial banks. Rather, Justice Nnamdi Dimgba affirmed his ruling of October 17, 2017, which was modified on […] …

Court orders forfeiture of naval officers houses, funds to FG

Court orders forfeiture of naval officers houses, funds to FG

Oladimeji Ramon The Federal High Court in Lagos on Thursday ordered the permanent forfeiture of landed properties belonging to two naval officers, Captains Olotu Morakinyo and Ebony Aneke, to the Federal Government. Justice Muslim Hassan made the permanent forfeiture order following an application for same by the Economic and Financial Crimes Commission. In its application, […] …

Report: $4.5m missing from confiscation of properties traced to Cecilia Ibru in 2010

Report: $4.5m missing from confiscation of properties traced to Cecilia Ibru in 2010

Some properties traced to Cecilia Ibru, former managing director/chief executive officer of Oceanic Bank, are reportedly entangled in controversy, years after they were confiscated. In 2010, a federal high court
The post Report: $4.5m missing from confiscation of properties traced to Cecilia Ibru in 2010 appeared first on TheCable. …

Top