Lagos court orders final forfeiture of $16.5m, N127m diverted from NIMASA

Lagos court orders

Justice Kehinde Ogundare, of the Lagos Federal High Court, Ikoyi, Lagos, has ordered the final forfeiture of $16.5 million and N127 million which were fraudulently diverted from the Nigerian Maritime Administration and Safety Agency, (NIMASA), to the Federal Government.

Lagos court orders2

Justice Ogundare finally forfeited the monies, while granting an application for such orders, which was filed and moved by an Economic and Financial Crimes Commission (EFCC) lawyer, Sulaiman I. Sulaiman, yesterday.

The monies, according to the EFCC, were said to be proceeds of unlawful activities.

The judge had on May 23, 2024, ordered the interim forfeiture of the monies, while granting an ex-parte Motion, brought before the court pursuant to Section 17 of the Advance Fee Fraud and other Fraud Related Offences Act No. 14. 2006; and Section 44 (2)(B) of the Constitution of the Federal Republic of Nigeria 1999 (as amended)

The court, after forfeiting the monies in the interim on May 23, 2024, had directed the EFCC to publish the order in a national newspaper, to show cause why the monies should not be finally forfeited.

However, at the resumed hearing of the final forfeiture of the money today, counsel to the EFCC, Suleiman Suleiman, informed the court that “pursuant to your lordship’s order made on May 23, 2024, that the order be published, the publication of the order was made on June 6, 2024, on a national daily.

“The said application is supported by 22 paragraphs deposed to by Oghare Ogbole, an investigator with the EFCC. The application is accompanied with two exhibits: the Interim order of the court and the Punch publication of June 26, 2024; and It’s supported with the written address. We most respectively adopt same and urge the court to grant the relief sought”.

Justice Ogundare after listening to the EFCC lawyer held that “order granted as prayed”.

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