The Federal High Court in Lagos on Tuesday ordered the permanent forfeiture to the Federal Government of the sums of $43,449,947, £27,800 and N23,218,000 recovered from No. 16, Osborne Road, Flat 7B Osborne Towers, Ikoyi, Lagos.
The funds had been stashed in iron cabinets and ‘Ghana-must-go’ bags in the apartment before they were discovered and recovered on April 11, 2017 by the Economic and Financial Crimes Commission.
The anti-graft agency had earlier on April 13, 2017 obtained an interim court order temporarily forfeiting the funds to the Federal Government.
Add Comment