EFCC seizes N510m traced to AVM Etim Obong

Justice A.R. Mohammed of the Federal High Court, Abuja, has ordered the interim forfeiture of N510 million, belonging to Air Vice Marshal Uko Etim Obong.

He gave the order on Monday in an application filed by the Economic and Financial Crimes Commission, EFCC.The forfeiture application was pursuant to Section 44 of the Constitution of the Federal Republic of Nigeria, 1999, as amended. AVM Obong was the Commander of the Presidential Air Fleet between 2013 and 2015, and allegedly enriched himself while in that capacity.

He was alleged to have used some of his cronies and companies as conduits to drain public funds while concealing his identity. The firms are Magnificent 5 Ventures Ltd, Tripple Kay Company Nigeria Ltd, and Elionenai International College.

Olagbara !!

I have a dream that one day somebody will steal this country an run away😂😂

Mmm

Damn! Here we go, y'all just gotta steal!

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EFCC: Chinese man with COVID-19 symptoms loses hidden $300,000 to Nigerian govtJustice Babatunde Quadri of Federal High Court, Abuja, has ordered the final forfeiture of concealed $300,000 belonging to a Chinese national, Li Yan Pin, to the Federal Government of Nigeria. Economic and Financial Crimes Commission (EFCC) spokesman, Dele Oyewale, announced the conviction in a statement on Monday. Quadri, however, saved the convict a jail term That’s all we will hear last of the money , all the money been seized by EFCC/ICPC what have they been doing with it , collect looted funds and re loot it
Source: DailyPostNGR - 🏆 11. / 59 Read more »