Court Grants EFCC Interim Forfeiture of N449, 750,000 uncovered in a shop in Lagos
Justice R.M. Aikwa of the Federal High Court sitting in Ikoyi, Lagos,
Wednesday ordered an interim forfeiture of the sum of N449, 770, 000
(Four Hundred and Forty-Nine Million, Seven Hundred and Fifty Thousand
Naira) recently uncovered by the Economic and Financial Crimes
Commission (EFCC) in a shop at LEGICO Shopping Plaza, Victoria Island.
The order followed a motion ex-parte filed by Rotimi Oyedepo, a
prosecutor with the EFCC pursuant to Section 17 of the Advance Fee Fraud
and Other Fraud Related Offences Act No. 14, 2006. In his ruling,
Justice Aikawa ordered anyone interested in the money to appear before
him at the next adjourned date to show reason why the money should not
be permanently forfeited to the Federal Government.
The Commission was also directed to publish in any national daily for
anyone to show cause within 14 days why the order for the final
forfeiture should not be granted.