April 14, 2017

Court Directs EFCC To Hand Over The Billions Discovered In Ikoyi House To FG

Federal High Court, Lagos, has ordered that the $38million, N23million and £27,000, recovered by the Economic and Financial Crimes Commission (EFCC) in a residential building located at Osborne Towers, Ikoyi, Lagos, be temporarily forfeited to the Nigerian government.

In a ruling presided by Justice Muslim Hassan, he ordered that the funds be handed over to Federal Government pending when the "owner" surfaces to make a court case against the order.

And if no one comes forward, the Billions belong to all Nigerians.


The case was adjourned until May 5, 2017, for further order.

21 comments:

Thomas said...

nawa oooo. money dey dis country sha

Ademola Adunola said...

Nice one

swift said...

@ least we go reduce how much we (9ja) go borrow dis year

Onifade Joseph said...

What is temporal forfeiture, why not permanent, or you want to give the owner enough time to settle some judges backdoor, the next thing you will hear now is Mrs. Ebele own the money and its for her medication. I refuse to give up on this country
#Believe

Rasheed Lawal said...

we don read thus one yesterday now

Austine Gabriel said...

good job

Oladimeji Seun said...

Good jurgement.

Nasiru Adoke said...

good one i love that

DIAMOND EXTRA said...

I THINK IT SHOULD NOT BE TEMPORAR, IT IS NIGERIA'S MONEY.

godwin progragrammer said...

kudos to EFCC!

Anonymous said...

If it belongs to all Nigerians, how will the poor masses on the street benefit from it??? I'm sure it will be re-looted. It's all games.

Rosemary Ezeji said...

Hope the federal government will chanoel these money to where it will be useful.

Rosemary Ezeji said...

Hope the federal government will channel these money to where it will be useful.

inumidun said...

Issokay..

Ay360 said...

Hmmmmm, its well

Anurika Onwu said...

Handing it over to government is the right thing to do

Sunshow said...

Well said

I. C Bruno said...

Good one

Queen Abiodun Ogunnika said...

Nigerian politicians are worse than armed robbers

abdulrasaq abdulrafii said...

Yes ooo that's our money

okorochas justin said...

wia dem go keep am b4...

10% Discount if You Book A Hotel on Jumia Travel. PROMO Code = Olufamous10