EFCC Secures Final Forfeiture Of 753 Abuja Estate Duplexes – The Reflector Newspaper
Friday, August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Crime

EFCC Secures Final Forfeiture Of 753 Abuja Estate Duplexes

The estate, which measures 150,500 square metres and contains 753 units of duplexes and other apartments, is the largest single asset the EFCC has recovered since it was set up in 2003.

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
December 3, 2024
in Crime, Featured, News
0
EFCC Secures Final Forfeiture Of 753 Abuja Estate Duplexes
0
SHARES
15
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

The Economic and Financial Crimes Commission (EFCC) yesterday, secured the final forfeiture of a large estate located in the Federal Capital Territory (FCT), Abuja.

Justice Jude Onwuegbuzie of the FCT High Court granted the order following a forfeiture order filed by the EFCC

Related posts

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025

In a statement, the spokesperson of the anti-graft agency, Dele Oyewale, said the estate, which measures 150,500 square metres and contains 753 units of duplexes and other apartments, is the largest single asset the EFCC has recovered since it was set up in 2003.

The individual who forfeited the property was not mentioned, but Oyewale said it belonged to a “former top brass of the government”.

“The road to the final forfeiture of the property was paved by an interim forfeiture order, secured before the same Judge on November 1, 2024,” he said.

“The government official which fraudulently built the estate is being investigated by the EFCC. The forfeiture of the asset is an important modality of depriving the suspect of the proceeds of the crime.

“In this instance, the Commission relied on Section 17 of the Advance Fee Fraud And Other Fraud Related Offences Act No 14, 2006 and Section 44 (2) B of the Constitution of the 199 Constitution of the Federal Republic of Nigeria to push its case.

“The Establishment Act of the Commission places huge emphasis on asset recovery.”

The EFCC spokesperson said the judge held that the respondent did not show cause as to why he should not lose the property.

Oyewale quoted Ola Olukoyede, EFCC’s chair, as saying that asset recovery is “pivotal in the fight against corruption, economic and financial crimes and a major disincentive against the corrupt and the fraudulent”.

VANGUARD

Tags: 753 Units DuplexesEFCC

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Abducted Kogi Varsity Student Found Naked In Kwara

Next Post

Nigeria’s Eurobond Attracts $9 Billion In Investor Interest

Next Post
Nigeria’s Eurobond Attracts $9 Billion In Investor Interest

Nigeria's Eurobond Attracts $9 Billion In Investor Interest

RECOMMENDED NEWS

“We Lack Funds,” Cocoa Farmers Write Tinubu For Legal Backing

“We Lack Funds,” Cocoa Farmers Write Tinubu For Legal Backing

10 months ago
FG Set To Launch  Youth Activities Dashboard (YAD) On Tuesday

FG Set To Launch Youth Activities Dashboard (YAD) On Tuesday

9 months ago
2027: More Governors Expected To Join APC Soon – Sule

2027: More Governors Expected To Join APC Soon – Sule

1 month ago
We’ll Fight Corruption According To Law – ICPC Chair

We’ll Fight Corruption According To Law – ICPC Chair

2 years ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari By-Elections CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL NYSC Olubadan PDP Peter Obi President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Obi Faults FG Over Hike In International Passport Fees
  • NLC Demands N150,000 Minimum Wage For Lagos Workers
  • PDP Considering Jonathan, Obi For 2027 Presidential Ticket – Bala Mohammed
  • NNPC Was Losing N500m Monthly At PH Refinery When I Took Over – Ojulari

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

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
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights