Court Orders Final Forfeiture Of Military Officer’s Properties Worth N10.9bn

The forfeited filling station

Justice N.E. Maha of the Federal High Court has ordered the final forfeiture of 24 properties held by fronts and proxies to a top military officer, to the Federal Government of Nigeria.

According to a statement issued Tuesday, 15 February, 2022, by the spokesperson of the Economic and Financial Crimes Commission, EFCC, Mr. Wilson Uwujaren, the order, which was issued on Monday the 14th, was pursuant to a forfeiture application by the anti-graft agency which had in May 2020 secured the forfeiture of the properties on interim basis.

TheFact Nigeria gathers that the properties, numbering 24, are scattered across Kano, Kaduna, Borno and Cross River States, and comprise lands, shopping complexes, gas and fuel stations. Cumulatively, they are valued at N10, 935,000,000.00. (Ten Billion, Nine Hundred and Thirty-Five Million Naira).

One of the forfeited plazas

The Court had ordered the publication of notices in national newspapers, inviting persons with interest in the properties to show cause why they should not be finally forfeited to the Federal Government of Nigeria.

With no such interest shown by any entity, Justice Maha ordered the final forfeiture of the properties to the Federal Government of Nigeria.

The properties include: 9 filling stations, a Liquified Petroleum Gas (LPG) plant with 30 shops attached to it, an event center, two three-storey buildings (Plazas) with 28 and 126 shops respectively, 5 underdeveloped plots, a truck assembling plant, and a block industry, all scattered across various locations in Kano.

Also seized were Atlasfield Corporate Headquarters and Aflac Plastics Limited, both located in Kaduna State.

Other forfeited properties are an 11.7 hectare plot adjacent TINAPA Resort and an event center located in Calabar, the Cross River State capital.

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