A Kwara State High Court sitting in Ilorin, on Thursday, ordered the final forfeiture of a plaza valued at N150 million belonging to a civil servant in Kwara State, Rasaq Momonu to the Federal Government.

The Economic and Financial Crimes Commission ( EFCC), Ilorin Zonal Office had approached the Court to give an order of final forfeiture of Asmau Plaza situated in University Road, Tanke Area of Ilorin after a reasonable suspicion that the said property was acquired with proceeds of unlawful activity.

Delivering the Judgment in the case of Thursday, Justice Sikiru Oyinloye held that the EFCC had fulfilled all the requirements of the law in the suit and thereby ordered that the said property should be forfeited to the Federal Government of Nigeria.

“I have gone through the application brought by the Economic and Financial Crimes Commission, I also sighted the hearing notice issued to the respondent in the suit, Rasaq Momonu. This Honourable Court is persuaded that he had been served with the Court Processes.

“The application brought by the EFCC is meritorious and granted. This Honourable Court hereby order the final forfeiture of the Landed property known as Asmau Plaza, Tanke Road, Ilorin, Kwara State to the Federal Government of Nigeria” (Nigerian Tribune)