The Economic and Financial Crimes Commission (EFCC) has achieved its largest asset recovery to date with the final forfeiture of a 150,500-square-meter estate in Abuja, containing 753 duplexes and other apartments.
The statement from the commission on its official X page revealed that the property is linked to a former high-ranking government official, who is currently under investigation by the EFCC.
The ruling, delivered by Justice Jude Onwuegbuzie on December 2, 2024, follows a successful application for the final forfeiture of the estate, located on Plot 109 Cadastral Zone C09, Lokogoma District, Abuja.
Justice Onwuegbuzie disclosed the respondent failed to justify retaining the property, which is suspected to have been acquired through unlawful activities.
“The respondent has not shown cause as to why he should not lose the property, which has been reasonably suspected to have been acquired with proceeds of unlawful activities. The property is hereby finally forfeited to the…