The Federal High Court in Lagos has ordered that the
$38million, N23million and £27,000, recovered by the Economic and Financial Crimes Commission
(EFCC) in a residential building located at Osborne Towers, Ikoyi be
temporarily forfeited to the Nigerian government.
In
a ruling presided by Justice Muslim Hassan this afternoon, he ordered
that the funds be handed over to the Federal Government pending when the
owner surfaces to make a court case against the order. The case was adjourned until May 5, 2017.
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