Fidelity bank card banner Emerald Energy Institute Camano banner

Money Laundering: Court orders final forfeiture of N354,000

By Mayowa Okekale, Abuja on 23/01/2019

Gmail icon

Views: 496

•Justice Nnamdi Dimgba
•Justice Nnamdi Dimgba

Justice Nnamdi Dimgba of a Federal High Court, Abuja, has ordered the final forfeiture of N354,000 which was uncovered by operatives of the Economic and Financial Crimes Commission (EFCC) during investigations into the N49 million intercepted at the Kaduna International Airport on March 13, 2017.

Oyebanji Steve, Taiye Omoniyi Oluwaleke, Risikat Taimiyu Titilayo, Fausat Oni, and Joshua Kisabo had laid claim to the N49 million and challenged the confiscation of the money by the EFCC.

During further investigation, one of the claimants led a team of operatives to Deidei, a suburb in Abuja, the Federal Capital Territory, where in the process of executing a search, some thugs had attacked operatives; but the attack was repelled by police officers on the team.

Subsequently, a bag containing the N354,000 was uncovered, abandoned by some persons suspected to be engaging in unlawful selling of new naira notes. The money was made up of N200 and N50 notes (mint) abandoned at the scene, which was confiscated and taken to the Kaduna office of the EFCC.

Since the seizure, nobody has come to claim the money. Hence, it was suspected to be proceeds of crime.

On March 13, 2018, Justice Dimgba granted an interim forfeiture order of the said amount following an ex parte motion filed by the EFCC.

Consequently, the EFCC moved a motion on notice for the final forfeiture of the money, having published the interim forfeiture order in the national newspapers, as ordered by the Court.

In his ruling on January 21, 2019, Justice Dimgba granted the final forfeiture of the money to the Federal Government.


Source News Express

Posted 23/01/2019 04:55:30 AM





You may also like...
FG alerts Nigerians on food poisoning in South...

Banditry: Matawalle bags award for peace, competent leadership...

Foreign investors to set up electric car, energy...

Hameed Ali takes charge at Customs, outlines agenda...

Kano votes N300m for Ramadan feeding programme

Anambra stakeholders rally support for Obiano’s second term...

Africa in danger of digital disruption: Leo Stan...

Army commanders hold strategy meeting

America relaxes visa rules for Nigerians

Strange rainfall, snow fall in Uyo

Ahead 2015: ARMS BUILD-UP UNPRECEDENTED —Governor Amaechi

1,520 couples tie the knot at Kano mass...


Latest News Suspected killers of Commander Ogundana in the net Imo lawmaker in rape scandal •Alleged victim demands N50m damages Troops nab 5 fleeing terrorists, logistics suppliers Bayelsa guber: Alaibe snubs Dickson, adamant on court case 14 travellers kidnapped in Osun rescued Osinbajo’s travails: Yoruba gradually being turned into slaves, says Prof. Akintoye PEPT Appeal: What tradition says about Supreme Court Judges to form Panel, By Law Mefor CBN clears the air on cashless policy transaction charges Court okays lawyer’s trial for alleged attempted murder US Police officer arrested 2 six-year-olds in school Impeachment of Trump ‘may be the only remedy’ — Top Dem How dismissed soldiers use Army uniforms for robbery — Lagos Police boss


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (543,160 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (444,147 views) Shameless Genevieve Nnaji exposes breasts in public (390,666 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (327,439 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (295,666 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (254,201 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (250,576 views) 10 cars more expensive than Jets (240,047 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (232,235 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (218,245 views) Lagos plane crash: Journalist releases victims’ names (196,483 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (194,042 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,458) Business Verdict (81) Columnists (1,113) Complaints & Requests (96) Enterprise & Opportunities (216) Entertainment (668) Features (815) Global Business Monitor (446) ICT Monitor (63) International (3,976) Interview (204) Live Commentary (30) Love Matters (171) Maggie's Blog (418) News (51,699) Opinion (1,368) Pidgin (17) Politics (11,478) Religion (1,104) Sports (2,174) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera