September 20, 2021

Court orders forfeiture of N250m allegedly diverted from NDDC

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The N250 million allegedly diverted from the coffers of the Niger Delta Development Commission has be forfeited to the Federal Government, this order came from Justice Rilwan Aikawa of the Federal High Court, Lagos.

The court made the interim forfeiture order yesterday following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

According to EFCC’s Head of Media and Publicity, Dele Oyewale, the commission’s counsel, Usman Buhari, argued the application.

“Buhari, in the application, stated that the money had been illegally diverted from the NDDC, through a contract awarded by the Federal Government.

“He also prayed for an order of the court directing the publication of the interim forfeiture order in a national newspaper for anyone interested in the funds to show cause within 14 days why a final order of forfeiture should not be made in favour of the Federal Government.”

“Justice Aikawa, in a short ruling, granted all the reliefs sought by the EFCC and ordered the forfeiture of the money,” Oyewale said.

The matter has been adjourned till July 9, 2020.

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