News Retired general forfeits N426.7 million to Nigerian government

-

- Advertisment -

Retired general forfeits N426.7 million to Nigerian government

News Retired general forfeits N426.7 million to Nigerian government
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye
Reuters

A retired Nigerian Army General has forfeited a princely sum of N426.7million to the Federal Government on the orders of a Federal judge, sitting in Lagos.

John Onimisi Ozigi, a retired Brig-General had been standing trial for alleged graft in the hands of the Economic and Financial Crimes Commission, EFCC, which claimed before the Federal High Court presided over by Justice Muslim Hassan, that the cash was from the proceeds of crime and should be seized from him.

Based on EFCC’s prayers, the court had earlier placed an interim forfeiture order on the cash and asked EFCC to issue public notice to whoever claims ownership of the cash to come forward with justifiable reasons why the money should not revert to the federal government and joined two companies-company, Diamond Head Ventures and Dev. Company Ltd-as co-defendants.

The Commission, in an affidavit deposed to by one of its operatives, Clever Ibrahim, stated that the first respondent, Ozigi, was an officer of the Nigerian Army, while the second respondent, Diamond Head Venture, was a business name owned and incorporated by him in a bid to use same and commit the crime and asked the court to permanently seize the cash to the government of Nigeria.

The Commission, in the application, also stated that the first respondent was a salary earner and a public officer with an estimated monthly salary of about N750,000 and could not have ordinarily raised such amount of money in one fell swoop.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Updates

China testing 11 virus vaccines, four undergoing stage three trials

China is conducting clinical trials of 11 vaccines against the coronavirus disease, four of which are in phase 3,...

Mikel Arteta: Emi Martinez sacrificed to help Arsenal land top targets

Mikel Arteta admits that the decision to sell Emiliano Martinez was a ‘sacrifice’ Arsenal made to try and help...

Liverpool face Chelsea test as Manchester clubs enter fray

Liverpool faces an early test of their Premier League title defence against Chelsea this weekend as Manchester City and...

WTO retains Ngozi Okonjo-Iweala, evicts three candidates

World Trade Organization members removed three candidates from the race to be the next Director-General of the body.They also...
- Advertisement -

House of Reps member hail President Buhari for signing Nigeria Police Act, 2020

A member of the House of Representatives, Rep. Yusuf Gagdi, has commended President Muhammadu Buhari for signing the Nigeria...

Ekiti: We are ready for partnerships to develop sports

The Ekiti state government has reinstated its commitment to work with philanthropists and relevant organizations towards the growth and...
- Advertisement -

You might also likeRELATED
Recommended to you