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Lawyer appeals forfeiture order on Ikoyi N13bn

A Lagos-based lawyer, Olukoya Ogungbeje, has appealed the court order permanently forfeiting to the Federal Government the sums of $43,449,947, £27,800 and N23,218,000 recovered from Flat 7B, No. 16, Osborne Road,  Osborne Towers, Ikoyi, Lagos.

The money had been recovered by the Economic and Financial Crimes Commission from the apartment where it was kept in iron cabinets and Ghana-must-go bags.

The anti-graft agency said the money was reasonably suspected to be proceeds of unlawful activity, adding that its decision to search the house was informed by intelligence information.

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