The Economic and Financial Crimes Commission (EFCC) has obtained an interim forfeiture order from Justice Nicholas Oweibo of the Federal High Court in Lagos, enabling them to seize 14 properties and firms in Lagos, Abuja, and the UAE that are linked to some Kogi State government officials.
The order also allows the EFCC to confiscate N400million recovered from Aminu Falala, who is connected to the alleged fraud. The application for the interim forfeiture was brought by the EFCC’s counsel, Mr. Rotimi Oyedepo (SAN), based on the investigation of "damning intelligence of monumental fraud allegedly perpetrated by some principal officers of Kogi State Government and their cronies."
Oyedepo claimed that huge sums of money belonging to the Kogi State Government were fraudulently converted and used to either outrightly acquire properties or renovate already existing but dilapidated buildings.
The judge also ordered the EFCC to publish the order in a national newspaper within 14 days, giving any interested party the chance to show cause why the forfeiture order should not be permanent. The case was adjourned until March 28 for a report on compliance with the order.
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Tue Jun 10 2025 15:18:42 GMT+0000 (Coordinated Universal Time)
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EFCC has obtained an interim forfeiture order to seize 14 properties linked to Kogi State government officials...
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Published (Updated) on Wednesday, February 22, 2023
• Bandits on Thursday night invaded a university in Kogi state and abducted some students, according to report
• Death toll in Thursday’s attack by bandits in Kogi State has risen to 25 with four children among those killed
• Kogi State Assembly has recalled members after they were cleared of terrorism allegations leveled against them - Naija News
• Kogi High Court Warns Parties on Motion Against Ajaokuta Steel Company Concession
• Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines
• US imposes 14 percent tariff on Nigeria • Amazon wants to buy TikTok • Asia-Pacific markets slide after Trump's tariff, and more - Thursday 03/April/2025 Business News Headlines
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