Politics
Court orders forfeiture of Ikoyi Flat 7B where EFCC found $43.4m
Flat 7B Osborne Towers, Ikoyi, Lagos, where the Economic and Financial Crimes Commission (EFCC) uncovered $43,449,947, £27,800 and N23,218,000 hid in iron cabinets and “Ghana-must-go” bags in April has temporarily been forfeited to the Federal Government.
This was sequel to the order of Justice Saliu Saidu of the Federal High Court in Lagos on Thursday, who gave the ruling following an ex parte application by the EFCC on the matter.
Mrs. Folashade Oke, who is the wife of Ayodele Oke, the recently dismissed director general of the Nigeria Intelligence Agency (NIA), according to the EFCC owns the flat.
The anti-graft agency had alleged that it discovered that Mrs. Oke made a cash payment of $1.658 million for the purchase of the flat between August 25 and September 3, 2015, with a company name, Chobe Ventures Limited.
The EFCC further alleged that she and her son, Master Ayodele Oke Junior, were directors of Chobe Ventures Limited and that the payment for the purchase of the flat was made to one Fine and Country Limited.
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The EFCC further disclosed that the payment was made in tranches of $700,000, $650,000 and $353,700 to a Bureau de Change company, which later converted the sums into N360, 000,000 and then paid it to Fine and Country Limited for the purchase of the flat.
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Abeni Adebisi
November 10, 2017 at 8:59 am
As expected, this is the only judgement that can make sense since no one has stepped forward with proof to claim the apartment
Animashaun Ayodeji
November 10, 2017 at 9:38 am
Na wa oo, it will be better the federal government takes over the building permanently to avoid further illegal activities
Anita Kingsley
November 10, 2017 at 9:43 am
The owner of the building should be thoroughly probed also, in sure that won’t be the only illegal property s/he has
Anita Kingsley
November 10, 2017 at 9:41 am
When I look at this country called Nigeria, all I see are people who don’t care about those suffering. How can someone harbor such money in a country where thousands are hungry?