Courts grants final forfeiture of plaza, houses traced to official accused of corruption

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The Federal High Court in Abuja Thursday ordered the final forfeiture of six properties traced to Goddy Nnadi, a general manager of the PEF

The Federal High Court in Abuja Thursday ordered the final forfeiture of six properties traced to Goddy Nnadi, a general manager of the Petroleum Equalisation Fund

Mr Obono-Obla said the SPIP received a petition that Mr Nnadi operated a corporate account with a hotel named Galbani and Greatwood in Owerri, Imo State. PREMIUM TIMES also reported how Mr Obono-Obla’s defunct panel secured a federal high court interim forfeiture of the said monies traced to Mr Nnadi accounts.

“He is alleged to have some time in 2006, used the names of some proxies to incorporate Galbani Nigeria Limited with the Corporate Affairs Commission, CAC, after which he opened the company’s bank accounts with Zenith Bank Plc and Ecobank Plc,” the statement released by the EFCC read.

 

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