The two properties are located at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow Asokoro and Maitama Districts of Abuja are valued at $2,674,418USD and N380, 000,000 respectively.
The luxury cars are a black BMW saloon with Chassis No B8CV54V66629 and registered number, RBC155 DH and a black Jaguar saloon car with Chassis No SAJAA.20 GRDMv43376, valued at N36,000,000
The trial judge, Justice Mobolaji Olajuwon gave the order forfeiting the assets to the FGN while ruling on the application by the Economic and Financial Crimes Commission, EFCC in Suit No. 1122/2021 and Suit No 1123/2021, seeking for the final forfeiture of the assets.
The anti-graft agency had on November 29, 2021, secured the interim forfeiture on the assets in a ruling on separate motion ex-parte filed on September 27, 2021, which prayed the court to order the interim forfeiture of the assets on the grounds of reasonable suspicion that they were proceeds of unlawful activities.
In granting the interim forfeiture Order, Justice Olajuwon had ordered the EFCC to publish a notice in a national newspaper, inviting anyone with interest in the assets to show cause why they should not be finally forfeited to the Federal Government of Nigeria. The court consequently adjourned till January 22, 2022, for report.
In compliance with the Order of Court, the Forfeiture Order was published in Thisday newspaper of Wednesday April 6, 2022. In the absence of any contestation of the Interim Order, the Court, today, forfeited the properties to the Federal Government of Nigeria.