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EFCC Secures Final Forfeiture of Properties Worth N3billion

4 years ago
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EFCC Secures Final Forfeiture of Properties Worth N3billion

A Federal High Court sitting in Abuja has ordered the final forfeiture of 20 landed properties valued at over N3.07 billion belonging to a top military officer to the Federal Government.
In his ruling, the presiding Judge, Nkeonye Maha, held that in the absence of any contestation, ordered the final forfeiture of the properties.
This followed an application filed by the Economic and Financial Crimes Commission, EFCC via its counsels, Cosmos Ugwu and Musa Isah.
The forfeited properties are located in different parts of Kano, Katsina, Calabar and Kaduna which included fuel stations, event centers, plazas, block industries, a truck assembly plant, a polythene production factory, and a table water factory.

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