Skip to main content

Court Grants The Interim Forfeiture Of 40 Ekweremadu’s Property


The Economic and Financial Crimes Commission (EFCC) has been given permission to  temporarily seize 40 properties traced to Ike Ekweremadu by the Federal High Court in Abuja.

On Friday, after listening to an ex-parte application filed by the EFCC, the judge, Inyang Ekwo, handed down the interim forfeiture order for Ekweremadu's properties.

Ibrahim Buba a lawyer with the EFCC, moved the application for the confiscation of the assets, saying they were suspicious proceeds of crime.

The EFCC contended that the properties were allegedly obtained with proceeds of fraud.

                 Temporarily forfeited assets provided by EFCC

The lawyer told the judge that the landed properties comprise 15 in Abuja, 10 in Enugu (Mr Ekweremadu’s home state), one in Lagos, two in the United Kingdom, three in the United States, and nine in Dubai in the United Arab Emirates (UAE).

                   Temporarily forfeited assets provided by EFCC

In his ruling, Mr Ekwo granted the application and ordered the EFCC to, within seven days from the date of the order, publish the interim forfeiture order of the assets in a national daily.

               Temporarily forfeited assets provided by EFCC

This is to create an opportunity for whoever has interest in the assets to approach the court and convince the court not to issue an order of permanent forfeiture to the federal government.

Ike Ekweremadu, a former Deputy President of the Nigerian Senate, is currently being held in the United Kingdom for allegedly trying to harvest David Nwamini’s kidney for his daughter, Sonia, who has being diagnosed with rare kidney disease.


Comments

  1. Anonymous5 November 2022 at 02:25

    This should be replicated to all holding public office

    ReplyDelete

Post a Comment

Type your comments here

Popular posts from this blog

Asiwaju Bola Ahmed Tinubu, Wins Big In Governor Nyesom Wike's Local Government Area

The presidential candidate of the All Progressives Congress (APC) Asiwaju Ahmed Bola Tinubu, has won the Obio-Akpor, the Local Government Area of Governor Nyesom Wike in Rivers State by a landslide. Tinubu polled 80,239 votes to defeat the Candidate of the Labour Party (LP), Peter Obi, who came a distant second with 3,829 and the People’s Democratic Party (PDP), who got 368 votes.
Post a Comment
Read more

North Korea Confirms First COVID Outbreak

North Korea has confirmed its first COVID-19 death, and says hundreds of thousands of people have “fever”, in the first indication of the scale of the outbreak in its largely unvaccinated population. The nuclear-armed country announced on Thursday its first coronavirus outbreak since the pandemic began, moving into lockdown after it said people in the capital, Pyongyang, tested positive for the Omicron variant. “A fever whose cause couldn’t be identified explosively spread nationwide from late April,” the official Korean Central News Agency said on Friday. “Six persons died (one of them tested positive for the BA.2 sub-variant of Omicron),” it added. About 350,000 people have shown signs of “fever”, while 187,800 people are being treated in isolation, according to KCNA. Experts worry North Korea’s health system will be unable to cope with spread of COVID in an unvaccinated population, they also  believe the virus has been present in the country for some time, the authorities only a...
2 comments
Read more

A Total Reversal, Reverse Electricity Tariff Cut Now, Demand Nigerians

On Monday, Nigerians are demanding a total reversal of electricity tariff cut - the Nigerian Electricity Regulatory Commission’s reduction of the tariff payable by Band A customers from N225/kWh to N206.8/kWh. Organised labour, the Nigerian Bar Association and the House of Representatives, have also rejected the hike in tariff payable by about 1.9 million consumers. Subsidy on electricity was withdrawn completely from the tariff of consumers in the Band A category, which constitutes about 15 per cent of the total 12.82 million power consumers across the country. The Federal Government said it would save N1.5tn, as a result of the tariff hike, adding that Band A customers would enjoy up to 20 hours of power supply daily. The government took the decision which became effective on April 3, 2024. Organised labour has however issued a two-week ultimatum demanding the reversal of the tariff hike. The House of Representatives has called on the NERC to suspend forthwith the implementation of t...
Post a Comment
Read more