Handsomecole:
This the major reason they hate Baba and incite the nation and under educated masses against him. I will vote for Baba again come February 2019.

LordCenturion:
Buhari is trying to kill corruption,but not easy without improving our economy as well,but he need to appoint a young brilliant sound mind as a finance minister,FG need to talk to China so that some selected Nigerian engineers and technicians can learn how to produce electronics and other technological devices,we need to be taught how to fish technologically,not to just use our resources to buy fishes

Omeokachie:
Good.

But still back to Daura.

High court ruling means that he can still appeal the judgement. Nigeria deserves better than it is currently not getting under Buhari.

Offpoint:
Fücked up and raped up country...
I'm beginning to doubt if the black were ever from Adam.

Buterflyle0:
We will not take this. This is witch hunting !!!

You will not hear the PDP pigs out there and here on nairaland crying foul about this because this is a south westerner.

We progressives from the south west do not condone frauds unlike those from the East side

remi4ever:
Just one person is in possession of 2.2 Billion naira...

This Country is finished!!

SmileXtraone:
The thing is we don't see these monies recovered put into a particular project, so Nigerians can know that the money recovered from xyz was used to build this hospital etc

NORSIYK:


But you afoja vultures condone SKULL MINING

BruncleZuma:


Director of Army Procurement under Jonathan nkor, when is he being probed?

bedspread:
Director of Procurement is the Current chief of Army staff...
He is untouchable in the site of Pmb and the cabals..

BruncleZuma:
So Dubai guy really "saved" to acquire all those luxuries...mehn Army work sweet ooo.

LocalChamp:
Published January 16, 2019
The Federal High Court in Lagos on Wednesday ordered a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), to permanently forfeit to the Federal Government a sum of N2.2bn found by the Economic and Financial Crimes Commission in his possession.

A former NAF’s Director of Finance and Budget, Air Commodore Olugbenga Gbadebo, was equally ordered to permanently forfeit a sum of N190,828,978.15 recovered from him to the Federal Government.

Also forfeited was a sum of N101m recovered from Solomon Enterprises, a company linked to Amosu.

Justice Mojisola Olatoregun ordered that the forfeited funds should be paid into the Federal Government’s Treasury
Single Account, adding that the order must be complied with within 14 days and the EFCC must file an affidavit to show compliance.

The judge said having looked at the application brought before her for the forfeiture of the sums, she saw no reason why Amosu, Gbadebo and Solomon Enterprises should not be ordered to permanently forfeit the money to the Federal Government.

She said she agreed with the EFCC that the funds were proceeds of criminal activities, holding that, “They (the defendants) failed to provide any facts as to the level of probability to ascertain if the funds were obtained unlawfully.”

The EFCC had last year secure an interim order temporarily forfeiting the funds to the Federal Government.

The anti-graft agency after publishing the interim forfeiture orders in the newspapers, subsequently applied to the court for the final forfeiture of the rules.

Ruling on the application on Wednesday, Justice Olatoregun held, “Upon examination of the two applications asking that the interim orders be set aside, dated July 28, 2018, from the first respondent and the interested party, I found no reason to set aside the orders. The applications are hereby dismissed.

“The only conclusion I can reach is that the funds are proceeds of unlawful activity.

“The affidavits disclose no reason why the order of final forfeiture should not be made.”

In ordering the permanent forfeiture of the funds to the Federal Government, Justice Olatoregun rejected the argument of the defence counsel that the N22.8bn fraud charges against Amosu and others were still pending before the court and that the forfeiture order would foist a fait accompli on their clients should they not be found guilty.

Justice Olatoregun said the forfeiture proceedings were an “action in rem” and a non-conviction based forfeiture.
“The requirements for the two proceedings are different and distinct,” she held.

She emphasised that in a forfeiture proceedings, evidential burden shifts to the respondents to prove that they obtained the money lawfully, which she said they failed to do.

“The case (forfeiture) can go in the face of the criminal proceedings,” she said.

https://punchng.com/ex-naf-chief-amosu-forfeits-n2-2bn-to-fg/

bedspread:
i tell u...

Vice Admiral Adekeye is Walking free
Vice Admiral Ola Ibrahim is walking free
Burutai is Walking free

Omeokachie:
Good.

But still back to Daura.

High court ruling means that he can still appeal the judgement. Nigeria deserves better than it is currently not getting under Buhari.

cucumbae:
But we don't see the projects.Kindly mention the places you find them.

Ehiscotch:
For those who would like to know:

The FG cannot spend these monies anyhow. They have to be kept in the treasury and used to fund the budget -- as provisions as already been made to use funds recovered from corrupt persons to be included in the budget.

So before you shout "what have they been using these funds for? " just remember there is a process and the funds allocated to ministries and infrastructure could be from these recovered loots and assets.

OmoEpe:


1) Lagos ibadan express road
2)Lagos ibadan railway (new one)
3)Lagos Abeokuta express road
4)Lagos Sagamu Exp road
5) Warri itakpe Ajaokuts rail Line
6)Malibu power station
7)Airport remodelling
Ilorin Bida express road
9)2nd Nigeria Bridge
10)Independent Power Supply to over 4009 stores in Arira Market



Don't you still want another set of 10?

cucumbae:
No pictures?Even with poor electricity

Handsomecole:
This the major reason they hate Baba and incite the nation and under educated masses against him. I will vote for Baba again come February 2019.