• Advertise
  • Contact
GFH News
Ecobank Super Rewards
  • Home
  • Economy
  • Politics
  • Others
    • Security
    • Health
    • Metro/General News
    • Crime
    • Law/Judiciary
    • Entertainment
  • Contact
No Result
View All Result
  • Home
  • Economy
  • Politics
  • Others
    • Security
    • Health
    • Metro/General News
    • Crime
    • Law/Judiciary
    • Entertainment
  • Contact
No Result
View All Result
GFH News
No Result
View All Result
Home Crime

Alleged Fraud: Court orders interim forfeiture of businessman’s N827m to FG

gfhnews.com by gfhnews.com
June 8, 2020
in Crime, Law/Judiciary
0
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Justice Chukwujeku Aneke of a Federal High Court in Lagos on Monday, ordered the interim forfeiture of N827 million recovered from a businessman, Matthew Edevbie, to the Federal Government.

Justice Aneke gave the order, following an ex parte application filed by the Economic and Financial Crimes Commission (EFCC).

Aneke directed the EFCC to publish the order in any national daily for any interested party to appear before the court within 14 days and show cause why the money should not be permanently forfeited to the Federal government.

The court fixed June 29 for parties to show cause.

The EFCC through its counsel, Mr Rotimi Oyedepo, had told the court that Edevbie owned a firm, Flank Power Ltd.

He said that the forfeited sum, comprising N616.6million and N211 million was deposited in Flank Power Ltd’s bank account between February 11 and 19.

According to the commission, the sum is ‘reasonably suspected to be proceeds of unlawful activity pursuant to Section 17 of the Advance Fee Fraud and other Fraud related offences Act, 2006 and Section 44(2)b of the 1999 Constitution.

EFCC said that if the application ‘was not heard and determined expeditiously, the monies housed in the said bank account sought to be temporarily forfeited will be dissipated.’

The commission tendered an affidavit of urgency in support of the motion ex parte sworn to by an EFCC Investigating Officer, Mr Chidi Nweke.

Nweke identified himself as one ‘of the operatives of the EFCC assigned to investigate the intelligence report received’ against Edevbie.

He said: ‘The said intelligence was investigated, traced to and recovered from Edevbie, who is the owner of Flank Power Resources.

‘We traced some of these monies to the bank account of Flank Power Resources Ltd containing monies sought to be forfeited to the federal government,” he said.

Previous Post

Nestlé supports Enugu State with palliatives worth N32m

Next Post

Gov. Sule sacks SSG

gfhnews.com

gfhnews.com

Next Post

Gov. Sule sacks SSG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 111 Followers
  • 160k Subscribers
  • 23.5k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Nnamdi Kanu’s trial: Isi Agu cannot be worn in my court – Justice Nyako

Nnamdi Kanu’s trial: Isi Agu cannot be worn in my court – Justice Nyako

February 16, 2022
Army Chief  urges Reps to direct further enquiries on arms deals to past chiefs

BREAKING: Nigeria’s chief of army staff Ibrahim Attahiru killed in plane crash

May 21, 2021

VIDEO: Mazi Nnamdi Kanu having good times with girl who trapped him

June 30, 2021
Breaking: Farouk Lawan bags 7 years jail term for demanding $3m bribe from Femi Otedola

Breaking: Farouk Lawan bags 7 years jail term for demanding $3m bribe from Femi Otedola

June 22, 2021
Emir of Borgu charges Nigerians to be good ambassadors

Emir of Borgu charges Nigerians to be good ambassadors

3
Merck Foundation `More Than a Mother’ campaign against infertility, stigmatization – President

Merck Foundation to celebrate, mentor 2020 winners of More Than A Mother’ FASHION Awards – CEO

2
Infertility is a shared responsibility, couples should work together – Merck Foundation CEO

Infertility is a shared responsibility, couples should work together – Merck Foundation CEO

2
Lead-Em Ambassadors celebrate 2021 International Youth Day

Lead-Em Ambassadors celebrate 2021 International Youth Day

1
GOtv Boxing Night Returns to Ibadan, Holds on June 4

GOtv Boxing Night Returns to Ibadan, Holds on June 4

May 27, 2022
164 lawyers shortlisted for 15 judges slots in Federal High Court

Supreme Court affirms N6bn damages against Dakuku Peterside for defaming Peter Odili

May 27, 2022
Court Threatens To Jail DSS Boss, Yusuf Bichi Over Refusal To Release Youth Leader

Supreme court dismisses Amaechi’s appeal against N96bn fraud probe

May 27, 2022
Biodiversity in Nigeria under threat, needs urgent attention – National Park Boss

Nigeria National Park capable of providing enough plants for pharmaceutical products research – C-G

May 27, 2022

Recent News

GOtv Boxing Night Returns to Ibadan, Holds on June 4

GOtv Boxing Night Returns to Ibadan, Holds on June 4

May 27, 2022
164 lawyers shortlisted for 15 judges slots in Federal High Court

Supreme Court affirms N6bn damages against Dakuku Peterside for defaming Peter Odili

May 27, 2022
Court Threatens To Jail DSS Boss, Yusuf Bichi Over Refusal To Release Youth Leader

Supreme court dismisses Amaechi’s appeal against N96bn fraud probe

May 27, 2022
Biodiversity in Nigeria under threat, needs urgent attention – National Park Boss

Nigeria National Park capable of providing enough plants for pharmaceutical products research – C-G

May 27, 2022

GFH News is a Nigeria based online news platform that gives news on the go. Our team gather news from different sectors, locally and internationally, with fact checks.
Get the news as it breaks.

Browse by Category

  • Agriculture
  • Banking
  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Environment
  • FACT CHECK
  • Feature
  • Foreign
  • Health
  • Infrastructure
  • Labour
  • Law/Judiciary
  • Metro/General News
  • Oil&gas
  • Politics
  • Religion
  • Science
  • Security
  • Sports
  • Technology
  • Tourism
  • Tragedy
  • Uncategorized
  • work

Recent News

GOtv Boxing Night Returns to Ibadan, Holds on June 4

GOtv Boxing Night Returns to Ibadan, Holds on June 4

May 27, 2022
164 lawyers shortlisted for 15 judges slots in Federal High Court

Supreme Court affirms N6bn damages against Dakuku Peterside for defaming Peter Odili

May 27, 2022
  • Advertise
  • Contact

© 2020 GFH News

No Result
View All Result

© 2020 GFH News