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    ALMOND 94.3 FM Ibadan

News

EFCC SECURES FINAL FORFEITURE OF 753 ABUJA ESTATE DUPLEXES

todayDecember 3, 2024

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The Economic and Financial Crimes Commission (EFCC), has recorded its largest single asset recovery since its establishment in 2003, following the final forfeiture of an estate comprising 753 duplexes and apartments in Abuja.

The estate, covering 150,500 square metres in Lokogoma District, was forfeited to the federal government by order of Justice Jude Onwuegbuzie who ruled that the property was reasonably suspected to have been acquired with proceeds of unlawful activities.

A statement by the Commission says that the forfeited estate was reportedly built by a former senior government official, currently under investigation by the EFCC.

 

Written by: Almond News

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