x

High Court Orders Interim Forfeiture of $899,900, 15 Properties Recovered from Ex-AGF Idris

A Federal Capital Territory High Court has ordered the interim forfeiture of $899,900 and N304, 490,160.95 recovered from a former Accountant General of the Federation (AGF) Ahmed Idris, by the Economic and Financial Crimes Commission (EFCC).

The court also forfeited 15 properties recovered from Idris in Kano and Abuja.

The properties linked to Idris which were listed in the Schedule for forfeiture include Kano City Mall/Al Ikhlas Shopping Mall at Mandwawarti, Kano; one storey Shopping Complex at Ladanai, Kano; Corner Shops at Ladanai, Kano; a duplex at Karsana, Abuja; Royal Duplex at Deneji Quarters, Kano and a Duplex at Plot 271, New Jersey Street, Efab Blue Fountain Estate, Abuja.

Idris and others are being prosecuted by the EFCC on 14 counts of stealing and money laundering to the tune of N109billion.

Justice M.A Hassan gave the Order on Tuesday, December 13, 2022 while ruling on a motion exparte no. M/1149/2022, filed by the EFCC. This was according to a statement by the anti-graft spokesman, Wilson Uwujaren.

In the motion, the EFCC had prayed the Court for an Order of interim attachment/ forfeiture of the properties in the Schedule to the application, pending the hearing and determination of the substantive case in Charge No. FCT, HC/CR/299/2022, Federal Republic of Nigeria V. Ahmed Idris and Others.

The Commission had requested the court to grant among others, an Order approving the interim “management of the assets and properties in the Schedule to this application to the applicant”, an order “to open an interest yielding account where monies realised from the management of the assets and properties of the persons stated in the Schedule to this application shall be paid”, and an order “freezing the Bank Accounts of the persons referred to as account holders/ or the bank accounts set out in the Schedule to this application”, pending the hearing and determination of the substantive case.

Justice Hassan granted the motion as prayed but further ordered that the recovery account sought to be opened by the applicant, ”shall be in the name of the Commission as Recovery Account and the details of the Account shall be reported back to the Court within one week of opening”.

Nine properties linked to the second respondent, Mohammed Kudu Usman, located in Abuja, Niger and Nasarawa States, were also forfeited in the interim.

They include plots of land with shops in Chanchaga Local Government Area of Niger State, a 37 hectares of farmland with livestock located along Minna-Bida Road in Niger State, Bungalow flats at Gwarimpa, Abuja, Bungalow Buildings at Masaka, Nasarawa State, plots of land at Dutse Alhaji Abuja and 13 plots of land at Integrated City, Minna, Niger State.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Zazzaga Congratulates Tsenyil on NCDC Appointmen

By Israel Adamu, Jos The North-Central All Progressives Congress, APC,...

Dr Olawepo-Hashim Visits Gov. Mutfwang Ahead of Worship Convention

By Isreal Adamu, Jos Frontline politician, businessman, and former presidential...

Oil Cabal Behind Smear Campaign Against Mele Kyari- Coalition Alleges

… Say Its A Plot to Undermine Tinubu’s Administration...

Delta Speaker assures of high premium on Assembly staff

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Reps Decry Lack of CNG Conversion Centres in North-East, North-West

Lawmakers from northern Nigeria on Thursday criticized the Federal...

Reps Urge Federal Government to Upgrade and Build More NYSC Camps

The House of Representatives has called on the Federal...

Delta Speaker assures of high premium on Assembly staff 

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Bill Gates to Donate 99% of Wealth, Gates Foundation to Close by 2045

Billionaire philanthropist Bill Gates has announced plans to give...
spot_img

Related Articles

Popular Categories

spot_imgspot_img