A Federal High Court sitting in Lagos State has ordered the forfeiture of 14 properties linked to Kogi State Government in Lagos, Abuja and the United Arab Emirates (UAE).
The presiding judge, Justice Nicholas Oweibo, granted the interim order on Wednesday following an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC).
The EFCC counsel, Rotimi Oyedepo, SAN, who argued the ex parte motion, told the court that the properties, including the one in the world’s tallest building, Burj Khalifa, in Dubai, UAE, were reasonably suspected to have been derived from unlawful activity.
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Justice Oweibo further ordered the EFCC to confiscate N400 million linked to the Kogi State Government and recovered from one Aminu Falala.
Oyedepo informed the court that the N400 million was suspected to have been derived from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos.”
The judge also directed the EFCC to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanent.
Details later…
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