• Contact Us
  • About Us
Saturday, June 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Court grants partial vacation of forfeiture order on Okorocha’s properties

metro by metro
September 14, 2019
in News
0
0
SHARES
0
VIEWS
Rochas Okorocha
Rochas Okorocha

A forfeiture order secured by the Economic and Financial Crime Commission (EFCC) on some properties belonging to former Imo State governor, Rochas Okorocha and some members of his family was on Friday vacated by a Federal High Court sitting in Port Harcourt, Rivers State.

EFCC had early this month obtained the court’s orders for the interim forfeiture of assets traced to the former governor, his wife, Nneoma Nkechi and their daughter.

Read Also

Brotherhood In Action: Dekina Old Boys Set Agenda For School, Members At 2nd AGM, June 12

US Launches New Strikes After Trump Threatens To Attack Iran ‘Very Hard’ 

No One Is Doing NDC Favour, I Chose Not to Run — Dickson Rejects Attacks On Party

The properties are:  “a 16 – block 96 – flat structure and an eight – bungalow multimillion naira estate, hotel, two schools, shopping plaza, supermarket, hospital and four vehicles.

“The same were  known to those close to the state as,  East High College, East High Academy, Willowood Hotel, House of Freeda, Dews of Hope hospital and Market Square Supermarket.”

The commission in an earlier statement said it would like to know how Rochas Foundation and “other accomplices” acquired and or converted some of the property for personal use.

It alleged that a prima facie case had been established against the suspects, which they would answer to.

Vacating the Order, the presiding Judge, Kolawole Omotoso, lifted the forfeiture order on some of the properties especially the schools to enable students to resume for the new academic year.

The court however made another Order restraining the respondents (Okorocha and family members) from selling any of the properties pending the conclusion of investigation by the EFCC.

The development followed the submission by Okorocha’s Lawyer, Okey Amaechi, that the forfeiture order displayed on the school gates would negatively affect resumption of academic activities in the new session, insisting that parents would be discouraged to register their children and wards in the schools.

Meanwhile, the EFCC had asked the Court to exclude two of the properties earlier listed in the forfeiture order after it was discovered that they were not owned by the former governor, or any of his family members.

Tags: Okorocha
Previous Post

NLNG in discussions with lenders for $10bn expansion loan

Next Post

Buhari arrives Ouagadougou for ECOWAS Summit on Counter-Terrorism

Related Posts

DOBA Celebrates Nigeria’s Democratic Milestones On June 12, In Lagos
News

Brotherhood In Action: Dekina Old Boys Set Agenda For School, Members At 2nd AGM, June 12

June 11, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Launches New Strikes After Trump Threatens To Attack Iran ‘Very Hard’ 

June 11, 2026
NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections
News

No One Is Doing NDC Favour, I Chose Not to Run — Dickson Rejects Attacks On Party

June 11, 2026
EFCC Bans Sting Operations At Night
News

EFCC Boss Says Some Governorship Aspirants Spent N30bn On Primaries 

June 11, 2026
Next Post

Buhari arrives Ouagadougou for ECOWAS Summit on Counter-Terrorism

2026 World Cup: Full Fixtures, Match Dates, Venues, Kickoff Times

June 11, 2026
Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says

Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says

June 11, 2026
Intermat 2027 Puts Nigeria, Africa At  Centre Of Global Drive For Sustainable Construction 

Intermat 2027 Puts Nigeria, Africa At  Centre Of Global Drive For Sustainable Construction 

June 11, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version