LATEST UPDATE

EFCC Wants Possession Of Ikoyi’s Money For FG

N49 Million Cash Intercepted By EFCC At Kaduna Airport

EFCC has told the Federal High Court in Lagos that no one has come forward to claim the $43,449,947 (about N13 billion), N23, 218,000 and £27,800 (about N10.6milion) cash found in an apartment on Osborne Road, Ikoyi Lagos.
The commission is now praying the Court make an order of final forfeiture of the money to the Federal Government.

The judge, while ordering a temporary forfeiture of the money on April 13, directed EFCC to advertise the order in a newspaper so that anybody who owns the money can claim it within 14 days.

EFCC’s lawyer, Rotimi Oyedepo, said no one showed up in court to show cause why the money should not be permanently forfeited.

The Judge adjourned the case till June 6.

Leave a Comment