Economic and Financial Crimes Commission (EFCC) has secured final forfeiture of the recovered cumulative sum of over N503 million to the Federal Government.
This includes N393, 053,530.93 in various bank accounts and a property at GRA Birnin-Kebbi valued at N110 million.
EFCC spokesperson, Wilson Uwujaren, said Justice M.U Dogondaji ordered the final forfeiture of the assets as prayed by the EFCC while ruling on an application brought by the Sokoto Zonal Command of the Commission
The court had earlier granted an interim order of forfeiture in respect of the money and property traced to the bank accounts of an individual and a corporate entity on the suspicion they were proceeds of illicit activities.
Following the order, the court had given a window for anyone interested in the money and property to show the reason why they should not be finally forfeited to the Federal Government.
With no opposition to the EFCC’s application for final forfeiture, Justice Dogondaji granted the final order forfeiting N205.8 million in Bandado Aisha Magaji’s Ecobank account No: 3080009372; N22.1 million in Bandado Aisha Magaji’s Ecobank account No: 4103066788; N36.3 million in Meenu and Meera Nig. Ltd’s Ecobank account No: 5662025663; N83.6 million in Meenu and Meera Nig. Ltd’s Ecobank account No: 3080039831 and a plot of land situated in GRA Birnin-Kebbi to the Federal Government.
