Global Upfront Newspapers
Cover Justice Life News

EFCC Secures Final Forfeiture of N775 Million, Luxury Apartments Linked to Ex-Accountant General, Jonah Otunla, Colonel Bello Fadile (rtd)

Justice D.U. Okorowo of the Federal High Court,  Abuja on Monday granted the request of the Economic and Financial Crimes Commission (EFCC) for final forfeiture of the sum of N775,000,000.00, (Seven Hundred and Seventy-five Million Naira),  and three properties in the nation’s capital belonging to a former Accountant General of the Federation, Jonah Otunla, and Colonel Bello Fadile, a former aide to former National Security Adviser, Colonel Sambo  Dasuki.

The money and properties were termed products of illicit activities.

The properties are located at No. 8 Ajay Crowther Street, Asokoro, Abuja; a Plot of land at Plot 1960 Cadastral Zone A05 Maitama District, FCT, Abuja; a Hotel which is under construction with generating set, located at Plot 621, Road 37, Gwarimpa, FCT, Abuja and  a twin 4 bedroom duplex with guard quarters located at Plot 736, 7th Avenue Gwarimpa, FCT, Abuja.

Moving a motion for the final forfeiture of the assets on Monday November 22, 2022, Counsel to the EFCC, Christopher Mshelia, informed the court that the assets recovered by the Commission in the course of investigating contract fraud in the Office of the National Security Adviser (ONSA) under Sambo Dasuki, were proceeds of the unlawful activities Colonel Bello Fadile and Mr. Jonah Otunla.

The N775, 000,000.00 (Seven Hundred and Seventy-five Million Naira) was refunded by Otunla and Otunba Ade Adelakun (late) during the investigation, whilst  the landed properties sought to be forfeited are “reasonably suspected to be proceeds of an unlawful activity received, retained, concealed and converted by the respondents from the office of the National Security Adviser to the President”.

The Commission had on July 20, 2020 secured an interim forfeiture order on the assets and also published the Order of the court on August 11, 2022, in Thisday Newspaper, for the respondent to show cause why the money and properties should not be permanently forfeited to the Federal Government.

Justice Okorowo in granting the final forfeiture, stated that the court was satisfied with the evidence before it and ordered the final forfeiture of the assets to the Federal Government of Nigeria.

Advertize With Us

See Also

2022/2023 Nigerian Youth Revolution: Advice, Warning, Predictions (Part 2)

Global Upfront

U.S. Seabase completes anti-piracy exercise with Nigerian, Ghana and Spanish navies off Nigeria’s coast, Gulf of Guinea waters

Global Upfront

Nigeria mourns as President Buhari’s critic and former CBN Deputy Governor, Dr Obadiah Mailafia, is dead

Global Upfront

Beijing imposes curbs as coronavirus returns to Chinese capital

Global Upfront

Just Friends Club of Nigeria Hold Career Talk With Students Of GSS, Life Camp, Abuja

Global Upfront

Man who lost penis to blood infection has new one built on his arm

Global Upfront

Coronavirus unlikely to significantly diminish with warm weather, US National Academies of Sciences panel finds

Global Upfront

Guava Side Effects: Who Should Avoid Eating Amrood And Why?

Global Upfront

Arrested DCP Abba Kyari, 4 Other Police Offices, Now Under NDLEA Custody (Full Statement by Force Headquarters)

Global Upfront

Buhari heads to New York, U.S. on Sunday for UN General Assembly

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More