x

Court Grants Final Forfeiture of N3bn and Properties linked to NNPC Official

 By Francis Wilfred 

Justice J.O Abdulmalik of the Federal High Court sitting in Abuja has granted the final forfeiture of N3.4 billion and three properties linked to Salihu Nuhu Jamari while serving as the Managing Director of Nigerian National Petroleum Corporation, NNPC’s Gas and Power Investment Company Limited.

According to a release by Head, Media and Publicity of EFCC, Dele Oyewale, the properties include; an uncompleted six bedroom semi-detached duplex, with boys’ quarters at Plot 3168, Asokoro District, Abuja, a two bedroom flat, block 2, apartment AI, block, EFG, Orsborne II, Ikoyi, Lagos and a restaurant located at plot 102 cadastral zone C09, Lokogoma District, Abuja.

The judge gave the order, following a motion on notice filed by the Economic and Financial Crimes Commission, EFCC on March 17, 2026 through its counsel, Ekele Iheanacho, SAN.

The said money forms part of a case of conspiracy, kickbacks, bribery and money laundering, involving the staff and contractors of the Nigerian National Petroleum Corporation (NNPC).

Upon receipt of the petition, several investigative activities were carried out where it was discovered that Jamari, while serving as Managing Director of NGPIC used his influence through his private companies namely: Cumulus Energy Limited and Pius and Phillips Petroleum Limited wherein he is a director and signatory to the accounts, received kickbacks from three contractors that were awarded three major projects from NNPCL.

 Justice Abdulmalik, after considering the application, held that it had merit and ordered the final forfeiture of the assets to the Federal Government of Nigeria.

Hot this week

NTDA Boss, Awakan Takes Tourism Smart Hub to OOU

By Joyce Remi- BabayejuThe Nigerian Tourism Development Authority Director-General,...

EFCC Arrests Cameroonian for Alleged N1.5bn Bank Fraud in Lagos

By Francis WilfredOperatives of the Lagos Zonal Directorate...

Kogi Government Condemns Attack on Orphanage, Confirms Rescue of 15 Pupils

By Noah Ocheni, LokojaThe Kogi State Government has condemned...

Kaduna Retirees Decry Unpaid ₦1bn Pension Arrears, Urge Governor Sani to Act on Agreement

By Achadu Gabriel, KadunaRetired Heads of Service and Permanent...

Bauchi 2027: APC Aspirant Danchina Unveils Agenda on Agriculture, Security

By Israel Adamu, JosAn All Progressives Congress (APC) governorship...

From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation

For years, Nigeria’s conversations around economic transformation have been...

Oborevwori Condemns Police Killing, Vows Justice for Slain Delta Youth

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Oborevwori Condemns Police Killing, Vows Justice For Slain Delta Youth

By Anne Azuka Delta State Governor, Rt. Hon. Sheriff Oborevwori,...

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Orette Will Make a Big Difference in the Senate – Urhobo Leaders

Urhobo political leaders on Wednesday endorsed as their preferred...

Bayelsa’s Prosperity Cup Enters Quarter-Final Stage

Quarter-finalists have emerged in the 2026 , widely regarded...

ORETTE WILL MAKE A BIG DIFFERENCE IN THE SENATE – URHOBO LEADERS

The Urhobo political leaders on Wednesday announced Dr. Austin...

Related Articles

Popular Categories

spot_imgspot_img