Court docket orders ultimate forfeiture of $16,500, N127m diverted from NIMASA



Subsequent Keep Touring throughout Quang Binh to beautiful cinematic places 40 42 00:00 00:00 / 00:00 10 Sec Printed By: Ayorinde Oluokun

By Ayorinde Oluokun/Abuja

Justice Kehinde Ogundare of the Federal Excessive Court docket sitting in Ikoyi, Lagos, on Tuesday, July 9, 2024, ordered the ultimate forfeiture of the sums of $16,500 and N127m, which had been fraudulently diverted from the Nigerian Maritime Administration and Security Company, NIMASA.

The funds are forfeited to the Federal Authorities of Nigeria.

The Choose had, on Could 23, 2024, ordered the interim forfeiture of the funds ,following a movement ex parte filed by the {Economic} and {Financial} Crimes Fee, EFCC.

The EFCC, by way of its counsel, Suleiman I. Suleiman, had sought the interim forfeiture of the funds beneath Part 17 of the Advance Charge Fraud and different Fraud Associated Offences Act No. 14. 2006; and Part 44 (2)(B) of the Structure of the Federal Republic of Nigeria 1999 (As Amended).

The Choose, in granting the interim forfeiture order, had additionally directed the EFCC to publish the order in a nationwide newspaper for events to indicate trigger why the cash shouldn’t be lastly forfeited to the Federal Authorities.

On the resumed sitting on Monday, Suleiman instructed the courtroom that the funds had been moderately suspected to be proceeds of illegal acts, and that the Fee had recovered $16,500 in money and N118 million from one Uche Obilor and his corporations.

Whereas shifting the movement for the ultimate forfeiture, Suleiman mentioned: “ Pursuant to your lordship’s order made on Could 23, 2024, the publication of the order was made on June 6, 2024 of Punch newspaper.

  • Show allegation of corruption in opposition to us, EFCC blasts Nompha
  • How I used to be duped of $370,000 by Nwachi Kingsley and family- U.S. lawyer
  • Alleged N4.8bn fraud: Court docket adjourns Cletus Ibeto’s trial

“The mentioned utility is supported by 22-paragraph affidavit deposed to by Oghare Ogbole, an investigator with the EFCC.

“The applying is accompanied by two displays, the interim order of the courtroom and the Punch publication of June 26, 2024; and it’s supported with a written handle.

“We respectfully undertake identical and pray the courtroom to grant all of the reliefs sought”, he mentioned.

Within the affidavit, the EFCC submitted that: “The funds sought to be forfeited are moderately suspected to be proceeds of illegal acts of diversion of funds from the treasury of NIMASA, by way of Mr. Uche Obilor, his corporations and different cronies.

“That in the course of the course of investigation, the whole sum of $16,500 USD money, was recovered by the Fee, a part of the funds diverted from the treasury of NIMASA. And that for utilizing his corporations as talked about above, Mr. Uche Obilor, upon invitation to the Fee in the course of the course of investigation agreed to return the sum of N118 million, admittedly obtained and retained by his corporations from the funds fraudulently transformed from the treasury of NIMASA.

On the sitting right this moment, no social gathering appeared in courtroom to contest the interim order.

Consequently, Justice Ogundare, after listening to the counsel to the EFCC, held that “order granted as prayed.”

Leave A Reply

Your email address will not be published.