Court Ignores Rivers Govt, Orders Final Forfeiture Of Ikoyi $50m To FG
A Lagos Federal High Court has granted a final forfeiture of the $43.4m, £27,800 and N23.2m uncovered in Osborne Towers, Ikoyi by the Economic and Financial Crimes Commission, EFCC, to the Federal Government.
Justice Hassan gave the order on Tuesday, after the sum remained unclaimed, nearly two months after it was found.
Recall that on April 12, 2017, the EFCC stormed a residential building on the 7th floor of a four-bedroom apartment at Osborne Towers located at 16 Osborne Road, Ikoyi, Lagos, where the huge sum was uncovered.
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The operation followed a whistle blower’s confidential alert received by the Commission’s Lagos office.
Following the discovery, the Rivers State government claimed ownership of the sum, saying it was stolen by former governor of the state, Rotimi Amaechi.
Rivers State Governor, Nyesom Wike said recently that he had evidence showing that the money belonged to his state and at the right time he will make the evidence public.
