Court orders forfeiture of N725m, property linked to ex-NIMASA DG
Justice Tijjani Ringim of the Federal High Court sitting in Lagos on Monday granted an order of interim forfeiture of the sum of N725,345,897.77 and Plot J 37A 218 Close, 2nd Avenue, Banana Island, Ikoyi, Lagos, allegedly diverted from the Nigerian Maritime Administration and Safety Agency.
The judge granted the order following a motion ex parte filed and argued by Economic and Financial Crimes Commission counsel, Bilkisu Buhari.
Buhari informed the court that the sum was reasonably suspected to be proceeds of unlawful activity, while the property was reasonably suspected to have been acquired with proceeds of unlawful activity.
EFCC linked the money and property to a former NIMASA Director-General, Dr Patrick Akpobolokemi.
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