Court has ordered Aisha to forfeit N1.3bn to the Nigerian Government.
News Online reports that Justice Mohammed Mohammed of the Sokoto State High Court, on Monday, granted a final order forfeiting the sum of N1,362,675,353 to the Federal Government of Nigeria.
This online news platform understands that the money had earlier been seized by the Economic and Financial Crimes Commission (EFCC).
[the_ad id=”9326″]
On July 2, 2021, the judge granted an interim order of forfeiture following an exparte application by the EFCC.
Mohammed directed that the ruling be published in a national newspaper for any one with interest in the money to show cause why it should not be permanently handed over to the government.
At today’s hearing, EFCC counsel, S. H. Sa’ad, said the commission complied, made the publication and wants the money ceded to FG.
[the_ad id=”9326″]
Counsel to the respondents, Shamsu Dauda, did not oppose the application.
After submissions of the lawyers, Justice Mohammed ordered the final forfeiture.
The EFCC in Sokoto had traced the funds, suspected to be proceeds of illicit activities, to the bank account of the first respondent, Aishatu Bandado Magaji.
[the_ad id=”9326″]
Others respondents were First Ninety Degrees Continental Ltd, Priceless Legacy Hub Ltd, and ABM International Ltd
EFCC has arrested 34 currency speculators in Abuja. As part of efforts to improve…
Sola Adeyemo, a socio-commentator and public affairs analyst, has called on Nigerians to support President Bola…
EFCC Chair Olukoyede has appointed the Chief of Staff and 14 new Zonal Directors. …
American School has informed the embattled Yahaya Bello that his fraudulent $760,000 fees for his…
President Tinubu has come under intense pressure to sack Minister Matawalle over $2.1 billion arms…
EFCC has confirmed the receipt of Bello’s $760,000 fees from American School. NewsOnline Nigeria…
