Home Life Style Good News – Court docket orders final forfeiture of Aisha Magaji’s N1.3bn to Nigerian govt

Good News – Court docket orders final forfeiture of Aisha Magaji’s N1.3bn to Nigerian govt

by Good News

Good News – Justice Mohammed Mohammed of the Sokoto Converse Excessive Court docket, on Monday, granted a final reveal forfeiting the sum of N1,362,675,353 to the Federal Authorities of Nigeria.The cash had been seized by the Financial and Financial Crimes Commission (EFCC).On July 2, 2021, the steal granted an duration in-between reveal of forfeiture following an exparte utility by the EFCC.Mohammed directed that the ruling be printed in a national newspaper for anybody with hobby within the cash to present motive why it will still no longer be permanently handed over to the authorities.At nowadays’s hearing, EFCC counsel, S. H. Sa’ad, said the commission complied, made the e-newsletter, and wants the cash ceded to FG.Counsel to the respondents, Shamsu Dauda, did no longer oppose the utility.After submissions of the attorneys, Justice Mohammed ordered the final forfeiture.The EFCC in Sokoto had traced the funds, suspected to be proceeds of illicit actions, to the monetary institution legend of the first respondent, Aishatu Bandado Magaji.Others respondents were First Ninety Degrees Continental Ltd, Priceless Legacy Hub Ltd, and ABM World Ltd

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