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Court orders forfeiture of $4.7m, N830m, other properties recovered from Emefiele

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The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to the former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

 

Justice Yellim Bogoro made the order on Thursday, May 23, 2024, following an ex-parte application by counsel to the Economic and Financial Crimes Commission (EFCC), Bilkisu Buhari.

 

After listening to the EFCC Counsel, Justice Bogoro in her ruling said: “I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit in support.

 

“I find merit in the application and same is hereby granted as prayed.

 

“The applicant should publish this order in any daily newspaper circulating all over the federation for anybody interested to show cause why the final order of forfeiture should not be made. Case adjourned to July 2, for motion for final forfeiture.”

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The monies forfeited to the federal government in the interim were said to be warehoused in First Bank; Titan Bank and Zenith Bank, being operated by Omoile Anita Joy; Deep Blue Energy Service Limited; Exactquote Bureau De Change Ltd; Lipam Investment Services Limited; Tatler Services Limited; Rosajul Global Resources Ltd and TIL Communication Nigeria Ltd.

 

His properties forfeited to the federal government includes 94 Units of 11-floor building under Construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, iKoyi, Lagos; AM Plaza, 11-floor office space, situate on 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos; Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos; Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village,ibeju-Lekki LGA, Lagos and two properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot twin completed property in Lakes Estate. Lekki, Lagos.

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Others are One plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA; Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam investment Services; a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a Property Situate on 8, Bayo Kuku Road, lkoyi Lagos.

 

The EFCC had approached the court for an interim forfeiture of the monies and properties, under Section 17 of the Advance Fee Fraud and Other Fraud Related Offence Act. 14 2006, Section 44(2)(b) of the Constitution and under the inherent jurisdiction of the court.

 

Specifically, the anti-graft asked the court for the following; “An Interim Order forfeiting to the Federal Government of Nigeria the funds warehoused in the accounts particularized in Schedule ‘A’ which funds are reasonably suspected to be proceeds of unlawful activities.

 

“An Interim order forfeiting to the Federal Government of Nigeria Properties provided in 2nd Schedule ‘B’ which are proceeds of unlawful activities.

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“An Order directing the publication In any National Newspaper, the interim order under reliefs 1-2 above, for anyone interested in the properties and funds sought to be forfeited to appear before this Honourable Court to show cause within 14 days why the final order of forfeiture of the said properties and funds should not be made in favour of the Federal Government of Nigeria.”

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‘Please, I need water’, Essien Etop Andrew’s last request before he slumped, died at national assembly

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When Essien Etop Andrew, Deputy Comptroller of the Nigeria Customs Service (NCS) in charge of Finance, Administration and Technical Services, walked into the National Assembly Complex, on Tuesday, there was no indication that he would not walk out of the parliament alive.

Andrew had led a team of top customs officers to the House of Representatives for an investigative hearing by the Public Accounts Committee (PAC).

The deceased and his colleagues appeared before the Committee to make presentations on the revenue remittances by the Service.

“These levies as stated earlier is listed as federation account levies and it is the responsibility of the office of the Accountant general to say this money for sharing in FAAC, but for whatever reason that this money, which the Nigeria Customs Service has remitted into the appropriate account was not sent to the federation account, is what the service cannot give explanation,” he had said.

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Chairman of the Committee, Rep. Bamidele Salam, had interjected by asking: “So your position is that this money was actually sent to the account provided by the Accountant-General and that the obligation of now taking it to the federation account is out of your own purview.”

 

Responding, the deceased had said, “Yes. The same thing applies for 2017 and 2017 can be seen in the next page. If you look at 2016, it encompasses other levies. Sir, I may need to take water.”

 

“Go ahead,” Bamidele had said, adding, “Do you need tea.? Can somebody please attend to him?”

 

Shortly after, he collapsed and was rushed to the House of Representatives Clinic, where he died.

 

In a statement issued by Abdullahi Maiwada, Public Relations Officer of Customs, the Service expressed shock over the death.

 

“It is with profound sadness and a deep sense of loss that the Nigeria Customs Service (NCS) announces the passing of Deputy Comptroller Etop Andrew Essien, who served as the Deputy Comptroller in charge of Revenue in the Account Unit of the service. Deputy Comptroller Essien, who was in charge of the reconciliation of revenue for the service, passed away on the 25th of June 2024 while making presentation before the National Assembly House Committee on Public Accounts.

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“During his presentation, approximately three minutes in, Deputy Comptroller Essien requested water and showed signs of discomfort. Despite immediate efforts to assist him, he unfortunately passed away.

 

“Deputy Comptroller Essien was born on the 16th of November 1967 and joined the Nigeria Customs Service on the 27th of November 1989 with over three decades of service to our nation. Hailing from Nsit-Ubium in Akwa Ibom State, he was known for his diligence and exceptional service record in the Accounts Unit. His role as the DC Revenue was pivotal in ensuring the accurate reconciliation of revenue, which he performed with utmost precision and dedication.

 

“The Comptroller General of Customs, Bashir Adewale Adeniyi MFR, On behalf of the entire officers and men of the Nigeria Customs Service, extends heartfelt condolences to the family of Deputy Comptroller Essien. “The loss of such a dedicated and valued team member is deeply felt across the Service. We are committed to supporting and assisting his family and colleagues as they navigate this difficult period.”

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Seven killed, 11 injured in Lagos-Ibadan expressway accident 

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Seven persons died while 11 others sustained injuries in a road accident along the Lagos-Ibadan Expressway on Monday night.

 

Two vehicles — a truck with no registration number and a Mazda bus with registration number MNY894 YN — were involved in the crash which occurred at 9:33pm on Monday.

 

A spokesperson for the Ogun State Sector of the Federal Road Safety Corps (FRSC), Florence Okpe, said, “The suspected cause of the crash was excessive speed on the part of the Madza bus driver who rammed into a moving truck from the rear.

 

“The injured victims were taken to PATMAG Hospital Ogere for medical attention while the corpses were deposited at FOS morgue Ipara.”

 

FRSC sympathised with the family of the victims and advised passengers to always be on alert to correct some wrong mistakes of drivers.

 

The Corps also cautioned motorists to shun speed and use common sense speed limit especially at night and during the rain due to poor visibility.

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Cubana chief priest forfeits ₦10m to FG, to campaign against Naira abuse

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The Federal High Court sitting in Lagos has ordered celebrity bartender and business man, Pascal Okechukwu popularly known as Cubana Chief Priest to forfeit the sum of ₦10m to the Federal Government as a fine in lieu of the charge made against him for alleged abuse of the Naira.

 

This was contained in the terms of settlement agreement with the Economic and Financial Crimes Commission (EFCC) which was adopted before the trial judge, Justice Kehinde Ogundare on Tuesday.

 

At the proceedings, Counsel for the EFCC, Bilkisu Buhari-Bala, informed the court that parties in the charge entered into the out of-court settlement and same was duly signed by both parties.

 

The defendant’s counsel, Senior Advocate of Nigeria, Chikaosolu Ojukwu commended the reasonable action of the anti-graft agency in having the matter resolved. He said the defendant is equally remorseful and promises to turn over a new leaf going forward.

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Ojukwu also said that the consequences of the settlement is for the court to dismiss the charge.

 

Justice Ogundare in his short ruling adopted the terms of settlement and consequently struck out the charge.

 

The terms of settlement agreement pursuant to Section 14 (2) of the EFCC Establishment Act, 2004, read:

“The agreement applies only to the findings relating to contraventions of the law contained tn the pending charge preferred against the defendant.

 

“The defendant thall enter into a bond with the EFCC to be of good behaviour and never indulge in any Economic and Financial Crime or related offences.

 

“The Defendant shall engage in rigorous and intensive sensitisation and/or campaign against the abuse of coins and notes issued under the CBN Act as legal tender.

 

“The defendant shall bi-monthly post on his various social media handles a minimum of two video clips of his sensitisation/campaign against abuse of naira and sundry offences.

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“The Defendant shall pay to the consolidated revenue fund of Federation such sum not below the sum of Ten million naira (N10,000,000:00) only upon the execution af this agreement.”

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