Paris Club Refund: Appeal Court okays forfeiture of $500,000, N500 million

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The lower court had in November 2017 refused EFCC’s application for an order of final forfeiture of the sums of money looted from Zamfara ...

The lower court had in November 2017 refused EFCC’s application for an order of final forfeiture of the sums of money looted from Zamfara State’s share of the Paris Club refund to the federal government.The Court of Appeal in Abuja, on Wednesday, set aside the judgement of the Federal High Court, Abuja, refusing to grant an order of final forfeiture of the sums of 500,000 and N500million allegedly looted from the Zamfara state’s share of the Paris Club refunds.

Mr Adah noted that the money, having become illegitimate, could not be used to pay any legitimate contract for public services.Mr Dimgba had on June 30, 2017 ordered the interim forfeiture of the sums of money following an ex parte application by theBut the judge on November 17, 2017 refused the commission’s application for an order of final forfeiture of the money to the federal government.

Justice Dimgba had on June 30, 2017 ordered the interim forfeiture of the monies following an ex parte application by the EFCC. But the judge on November 17, 2017 refused the Commission’s application for an Order of final forfeiture of the money to the Federal Government.

 

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