A Federal High Court sitting in Lagos presided over by Justice Abdulazeez Anka, has directed the permanent forfeiture of the sum of N7,646,700 billion, suspected to belong to former Minister of Petroleum Resources, Mrs Deziani Alison Madueke to the Federal Government of Nigeria.
Justice Anka gave the ruling sequel to an application filed by the Economic and Financial Crimes Commission, EFCC, seeking the final and permanent forfeiture of the said sum to the Federal Government.
The anti-graft agency in its supporting affidavit, averred that consequent the investigation carried out on the intelligent reports received by the commission, it discovered that the sum of N7,646,700 billion, kept in the accounts of some banks were actually proceeds of unlawful activities held and laundered through Gbenga Olu Komolafe, former Group Managing Director, Crude Oil Marketing Division of , NNPC, Prince Haruna Momoh, former Group Managing Director, Petroleum Products Management Company (PPMC) , Umar Farouk Ahmed , Group Managing Director of Nigerian Products Marketing Company (NPMC) on behalf of Mrs Deziani Alison-Madueke.
It would be recalled that the Federal High Court, Lagos presided over by Justice Chuka Obiozor had on August 7, 2017, ordered the temporary forfeiture of the sum of N7,646,700 billion, allegedly hidden in banks by the former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, to the Federal Government.
The order granted earlier by Justice Obiozor, followed an ex- parte application argued before him by the Economic and Financial Crimes Commission (EFCC).
The EFCC has in the application alleged that Mrs Alison-Madueke stashed the money in some banks.
The anti graft agency further alleged that the Federal Government had since February last year, through an order granted by another judge, Justice Muslim Hassan also of the Federal High Court, recovered part of the huge money stashed in banks across the country by the former minister.http://www.hicpm10.com/watch?key=ecf0e4af240b48ba96cf54e153505179http://go.ad2upapp.com/afu.php?id=1090390
Do You Have News For The DailyBells News Crew For Publication? For Your Press Releases, And Events Coverage, Contact us today @ email@example.com, firstname.lastname@example.org or Call Our Hotline +234 802 523 7926. Thank You. Our Hotline +234 802 523 7926
All rights reserved. This material and any other material on THE DAILYBELLS NIGERIA should not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from the Editor/CEO.