Connect with us

News

Hope for Okorocha as court grants partial vacation of forfeiture order on properties

Published

on

Okorocha abducted 9 of our members, chairman of Imo APC primary panel reveals

A forfeiture order secured by the Economic and Financial Crime Commission (EFCC) on some properties belonging to former Imo State governor, Rochas Okorocha and some members of his family was on Friday vacated by a Federal High Court sitting in Port Harcourt, Rivers State.

EFCC had early this month obtained the court’s orders for the interim forfeiture of assets traced to the former governor, his wife, Nneoma Nkechi and their daughter.

The properties are:  “a 16 – block 96 – flat structure and an eight – bungalow multimillion naira estate, hotel, two schools, shopping plaza, supermarket, hospital and four vehicles.

“The same were  known to those close to the state as,  East High College, East High Academy, Willowood Hotel, House of Freeda, Dews of Hope hospital and Market Square Supermarket.”

The commission in an earlier statement said it would like to know how Rochas Foundation and “other accomplices” acquired and or converted some of the property for personal use.

Read also: Kashamu speaks on mass defection of ‘loyalists’

It alleged that a prima facie case had been established against the suspects, which they would answer to.

Vacating the Order, the presiding Judge, Kolawole Omotoso, lifted the forfeiture order on some of the properties especially the schools to enable students to resume for the new academic year.

The court however made another Order restraining the respondents (Okorocha and family members) from selling any of the properties pending the conclusion of investigation by the EFCC.

The development followed the submission by Okorocha’s Lawyer, Okey Amaechi, that the forfeiture order displayed on the school gates would negatively affect resumption of academic activities in the new session, insisting that parents would be discouraged to register their children and wards in the schools.

Meanwhile, the EFCC had asked the Court to exclude two of the properties earlier listed in the forfeiture order after it was discovered that they were not owned by the former governor, or any of his family members.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now