Appeal Court Okays Forfeiture of 0,000, N500m to Federal Government

Appeal Court Okays Forfeiture of $500,000, N500m to Federal Government

The Abuja Division of the Court of Appeal today, December 15, 2021 set aside the judgment of Justice Nnamdi Dimgba of the Federal High Court Abuja refusing the final forfeiture application of the Economic and Financial Crimes Commission, EFCC, in respect of the sums of $500,000 and N500m allegedly looted from the Zamfara state’s share of the Paris Club refunds made by the Federal Government to the 36 states.

Justice Dimgba had on June 30, 2017 ordered the interim forfeiture of the monies following an ex parte application by the EFCC. But the judge on November 17, 2017 refused the…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *