Court forfeits N131m, hotels, houses stolen from Ministry of Power

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A Federal High Court in Abuja has ordered the final forfeiture of N131.237,800.00 and multi-million Naira property bought with funds allegedly stolen from the Federal Ministry of Power (federal_power) by seven persons and two companies.

A Federal High Court in Abuja has ordered the final forfeiture of N131.237,800.00 and multi-million Naira property bought with funds allegedly stolen from the Federal Ministry of Power by seven persons and two companies.

Others are: A plot of land, one unit of two bedroom detached bungalow, two units of shops, two hectares of land and bank drafts and cheques bearing the sum of N131.237,800.00. At the hearing of the motion on notice on Dec 16, the EFCC informed the court that it had complied with the instruction and published the said order in The Nation of November 5, 2018 and that the EFCC had succeeded in personally serving all the defendants.

“These defendants are said to have stolen money from the Ministry of Power by fraudulent schemes and that they were arrested and they all volunteered written statements.

 

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federal_power See them they are United in crime. Yoruba, Hausa and Igbo made the list.

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