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You are at:Home»Breaking News»Top military officer to forfeit N3billion by court order
Breaking News

Top military officer to forfeit N3billion by court order

DailyblastBy DailyblastFebruary 15, 202202 Mins Read
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A top military officer has forfeited the sum of N3billion worth of landed properties seized to the federal government.

The Federal High Court sitting in Abuja made the order for the final forfeiture, while the Economic and Financial Crimes Commission (EFCC) announced the forfeiture order on Monday.

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The assets were said to be controlled by the military officer through proxies including the late General, Aminu Maude, and some companies such as Atlasfield Integrated Services Nigeria Limited, Marhaba Events Place, Aflac Plastics and Atlasfield Gas Plant Limited.

The final forfeiture order was granted by Justice Nkeoye Maha in a ruling on the application by EFCC’s counsel, Cosmos Ugwu, and Musa Isah.

EFCC’s spokesperson, Wilson Uwujaren who signed the EFCC statement, said the forfeited properties situated on lands valued at over N3billion are located in different parts of Kano, Katsina, Calabar (Cross River State) and Kaduna.

They also included filling stations, Event Centres, Plazas, Block Industries, Truck Assembly Plant, Polythene Production factory and table water factory.

Some of the properties include undeveloped plot located at Rake, Adjacent to Dara Orthopedic Hospital, Kano State valued at N300million; 117 hectares of land located at Adiabo, Oduapani LG covered by Certificated of Occupancy No. OD/23/2011 dated 21/2/ 2011 in Calabar, Cross River State, valued at N386million; Truck Assembly at Ring Road, adjacent to AA Affa Filling Station, Kano, valued at N206million and Marhaba Event Centre, Guda Abdulahi Road Farm Centre, Kano valued at N250million.

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