An Abuja Federal High Court has ordered one James Erebuoye and seven other suspects to forfeit the sum of 110.4m which was traced to their account by the Independent Corrupt Practices and other related offences Commission (ICPC).
The ICPC spokesperson Azuka Ogugua issued a statement which revealed that a motion had been filed for the interim forfeiture of a Toyota Lexus Jeep, Toyota Venza car and an Ipad device which were said to be proceeds from over N500 million illicit fund found in the account of one primary school teacher Mrs. Roseline Uche Egbuha.
The commission maintained that the sum of N110,364,592.4 was moved from the account of the primary school teacher to the account of Erebuoye and others.
The statement read in part: “The money to be forfeited includes N17.4 million that was transferred to the bank account of Erebuoye, N14.2 million to an account owned by one Ojo Alonge, N16.4 million to a company called DY Bako and Sons Ltd and N30.8 million to another company known as Dorason Construction ltd.
“The order for interim forfeiture also covers the sums of N7.1 million traced to an account owned by Owoyemi Mayowa, N8.2 million, and N6.5 million traced to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively.”
This article was originally published on Naija News
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