…As court orders forfeiture of Abuja estate with 753 duplexes
The Economic and Financial Crimes Commission, (EFCC), has achieved its largest single asset recovery since its establishment in 2003, following the final forfeiture of an estate comprising 753 duplexes and apartments in Abuja.
This was contained in an issued statement made available on the official X account of the Commission yesterday.
The estate, covering 150,500 square metres in Lokogoma District, was forfeited to the federal government by order of the presiding judge, Justice Jude Onwuegbuzie yesterday, December 2, 2024.
Justice Onwuegbuzie ruled that the property, located on Plot 109, Cadastral Zone C09, was reasonably suspected to have been acquired with proceeds of unlawful activities.
The ruling followed the EFCCs reliance on Section 17 of the Advance Fee Fraud and Other Related Offences Act, 2006, and Section 44(2)(B) of the 1999 Constitution.
The forfeited estate was reportedly built by a former senior government official, currently under investigation by the EFCC.
