Fri. Mar 1st, 2024

A ruling by Justice Nicholas Oweibo has ordered the seizure of at least 14 multi-billion properties situated in Abuja, Lagos and Dubai linked to the Kogi state government.

The ruling was given after the Economic and Financial Crimes Commission (EFCC) presented a case about uncovering these assets. The presiding judge gave the ruling following an ex parte motion filed and argued by EFCC counsel, Mr Rotimi Oyedepo, SAN, in suit FHC/L/CS/301/2023. The prosecuting counsel, Oyedepo told the court that all the properties discovered by the EFCC linked to the Kogi state government were suspected to have been acquired through illegal dealings.
In his ruling, the presiding Justice Oweibo sanction the immediate seizure of N400million traced to the state government.
Oyedepo further told the court that the N400m was reasonably 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.

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