Court Orders Final Forfeiture of N500m Linked To Ex-Bauchi SSG
Justice Zainab Abubakar of a Federal High Court sitting in Abuja on Tuesday, February 22, 2022, granted the application of the Economic and Financial Crimes Commission, EFCC, for the final forfeiture of $899,600 (N500m) linked to a former Secretary to the Bauchi State Government (SSG), Ibrahim Ahmed Dandija.
Justice Zainab in her ruling today, held that the prosecution had placed sufficient evidence before the court that the said money was proceeds of crime and should be forfeited to the Federal Government of Nigeria as demanded by the Money Laundering Prohibition Act of 2011 as amended in 2012.
Justice Folashade Giwa Ogunbanjo of the Federal High Court, Abuja had on December 4, 2019, ordered the interim forfeiture of the said sum after EFCC through her counsel, Ekele Iheanacho filed an ex parte application for its seizure, upon recovery from an apartment at Sigma Apartment, 1 Embu Street, off Aminu Kano Crescent, Wuse 2, Abuja, being suspected proceeds of illegal activities.
Meanwhile, the Kaduna Zonal Command of the EFCC has arraigned one Theophilus Madami before Justice Darius Khobo of the Kaduna State High Court on a two count charge bordering on issuance of dud cheque.
The defendant sometime between February and April 2019 allegedly issued a post-dated cheque as payment for 3083 (Three Thousand and Eighty Three) cartons of spaghetti worth N 10,747,000 (Ten Million, Seven Hundred and Forty Seventy Thousand Naira). The cheque was however returned due to insufficient funds standing to the credit of the drawer.
