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Court orders ex-naval chief, Ezeoba, to forfeit N1.83bn

Justice Muslim Hassan of the Federal High Court in Lagos has ordered the temporary forfeiture of the sum of N1.825bn found in the bank accounts of a company, Acquila Leasing Limited.

The Economic and Financial Crimes Commission, which obtained the forfeiture order on behalf of the Federal Government on Wednesday, claimed that the N1.825bn was part of a total of N2.387bn allegedly diverted from the coffers of the Nigerian Navy by a former Chief of Naval Staff, Admiral Dele Ezeoba (retd.), who headed the navy between 2012 and 2014.

An EFCC prosecutor, Mr. Rotimi Oyedepo, took an ex parte application, filed pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006 and Section 44(2)(k) of the 1999 Constitution, before Justice Hassan on Wednesday to obtain the temporary forfeiture order.

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