Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, July 17, 2024, ordered the final forfeiture of five properties linked to a former Managing Director, Nigerian Army Properties Limited, NAPL, Major-General U.M.Mohammed.
The Judge gave the order following a motion on notice filed and argued by the Economic and Financial Crimes Commission, EFCC, through its lawyer, A.O. Mohammed.
The properties are: No.8b, Bedwell Road, Ikoyi; No.3, Force Road, Ikoyi, Lagos; No.14, Glover Road, Ikoyi, Lagos; No.6, Marina, Ikoyi, Lagos and No. 28, Point Road, Apapa, Lagos.
Investigation revealed that the properties were fraudulently misappropriated and the proceeds of the sale diverted for personal use.
The judge had, on March 4, 2024, ordered the interim forfeiture of the properties reasonably suspected to be proceeds of an unlawful activity and also directed the publication of the order in a national newspaper for any interested person to show cause why they should not be permanently forfeited to the Federal Government of Nigeria.
Moving the application for the final forfeiture of the properties on Wednesday, Mohammed told the court that the Commission had complied with the order of the court regarding the publication.
He also submitted that “ it will be in the interest of justice for the court to grant the prayers being sought and also order the final forfeiture of the property to the Federal Government.”
The judge, after listening to the submissions of the EFCC’ s counsel, ordered the final forfeiture of the five properties to the Federal Government in favour of NAPL.
…………….
For Advertisement, Event Coverage, Public Relations, Story/Article Publication, and other Media Services, kindly send an email to: thelegendnews25@gmail.com. To stay updated with the latest news, health updates, happenings,Sports and interesting stories, visit thelegendnewsng.com . THE OBINJA MEDIA COMMUNICATIONS (Publisher of TheLegendNews/THELEGENDTV)