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Court approves final forfeiture of N732m Amnesty Funds to FG

Justice James Tsoho of the Federal High Court in Abuja has approved the final forfeiture of N732.85m Amnesty Funds to the Federal Government.

The Economic and Financial Crimes Commission (EFCC) applied seeking for the final forfeiture of the recovered money.

The sum of N732.85m was looted from the Presidential Amnesty Programme Office by 17 respondents to the suit.

Tony Orilade, spokesperson of the EFFC, said this recovered properties includes a plot of land situated at Katsina road by Ogbomosho road, Kaduna North local government, worth N190million, all believed to be proceeds of unlawful activities.

In November 16, 2018, Justice Tsoho had approved an interim forfeiture order following the ex-parte application filed by the lawyer to the EFCC, Bar Abbah Mohammed.

The ex-parte motion was brought before the court, pursuant to Section 17 of the Advance Fee Fraud and other Related Offences Act 2006, and Section 44(2)(B)(K) of the 1999 Constitution (as amended), seeking for an order of interim forfeiture of the said sum and property.

Justice Tsoho approving the interim forfeiture of the N732.85m, also ordered the EFCC to advertise the order in the newspapers for any interested party to show cause within 14 days on why the money should not be forfeited to the government.

The sums of N124,000,000; N320,000,000; N68,768,916; N1,900,000; N5,125,000; N3,000,000; N28,595,755; N6,137,000; N40,000,000; N46,800,000; N16,315,000; N2,547,800; N3,900,000; N8,234,650; N6,800,000; N2,651,000, and N1,970,750 traced to the respondents by the EFCC, respectively.

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