• Contact Us
  • About Us
Monday, February 23, 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

Kogi Govt To Forfeit Multibillion Naira Properties In Lagos, Abuja, Dubai

metro by metro
February 22, 2023
in News
0
Kogi Govt To Forfeit Multibillion Naira Properties In Lagos, Abuja, Dubai
0
SHARES
0
VIEWS

The Federal High Court sitting in Lagos has granted an order of interim forfeiture of 14 properties in Lagos, Abuja, and Dubai, the United Arab Emirates all linked to the Kogi State Government.

Justice Nicholas Oweibo granted the order following an ex parte application filed and argued by counsel to the Economic and Financial Crimes Commission (EFCC), Senior Advocate of Nigeria, Mr. Rotimi Oyedepo.

Read Also

New York, Other States Under State Of Emergency As Snow Falls Amid Blizzard Warning

Trump, Supreme Court Justices On Warpath As President Raises Global Tariff Rate To 15% After Ruling

Trump Administration Moves To End Housing Assistance For Mixed Immigration Families 

While moving the application before the court this morning, Oyedepo informed the judge that the properties, including the one in the world’s tallest building Burj Khalifa in Dubai, UAE, were reasonably suspected to have been derived from unlawful activity.

According to Channels Television, Justice Oweibo also authorised the EFCC to confiscate the sum of N400million also linked to the state and recovered from one Aminu Falala.
ALSO READ:2023 Elections: FG Aware Of Plots To Use Naira Scarcity To Ignite Civil Unrest, Says NSA
Oyedepo further told the court that the N400m was reasonably suspected to have been derived from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos.”

The judge also directed the (EFCC) to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanently.

Previous Post

2023 Elections: FG Aware Of Plots To Use Naira Scarcity To Ignite Civil Unrest, Says NSA

Next Post

Supreme Court Adjourns Naira Redesign Case Against Buhari’s Government Till March 3

Related Posts

New York, Other States Under State Of Emergency As Snow Falls Amid Blizzard Warning
News

New York, Other States Under State Of Emergency As Snow Falls Amid Blizzard Warning

February 22, 2026
Trump
News

Trump, Supreme Court Justices On Warpath As President Raises Global Tariff Rate To 15% After Ruling

February 21, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Trump Administration Moves To End Housing Assistance For Mixed Immigration Families 

February 20, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Explainer: What Is Trump’s ‘Board Of Peace,  How Have Nations Responded To It?

February 19, 2026
Next Post
Supreme Court Adjourns Naira Redesign Case Against Buhari’s Government Till March 3

Supreme Court Adjourns Naira Redesign Case Against Buhari’s Government Till March 3

Ogoniland oil spill

Oil Slides As US Tariff Hike Raises Jitters Over Global Economy 

February 23, 2026
Like Nigeria, New US Military-led Group In Mexico Aided Hunt For ‘El Mencho’ Cartel Boss

Like Nigeria, New US Military-led Group In Mexico Aided Hunt For ‘El Mencho’ Cartel Boss

February 23, 2026
Trump Curious On Iran’s Resilience As Two Longtime Adversaries Meet Thursday For Talks 

Trump Curious On Iran’s Resilience As Two Longtime Adversaries Meet Thursday For Talks 

February 22, 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