The Independent Corrupt Practices and Related Offences Commission (ICPC) yesterday said a Federal High Court in Abuja had granted it permission to freeze various sums of money in bank accounts traced to a former governor of Zamfara State, Abdulaziz Yari. A statement from ICPC spokesperson, Mrs. Rasheedat Okoduwa, said Justice Taiwo Taiwo gave the permission yesterday when he ruled on an ex-parte motion filed by the ICPC ordering that the accounts containing $669, 248.89 and N24.3 million domiciled with Polaris and Zenith banks respectively, be frozen.

She said the sums were funds allegedly stashed in the personal accounts of the former governor and companies belonging to him, which include: Kayatawa Nigeria Limited and B. T. Oil and Gas Nigeria Limited.

She said a breakdown showed that N12, 912, 848.68 was stashed in the former governor’s Zenith Bank account; N11, 159, 674.17 found in a Zenith Bank account operated by Kayatawa and N217, 388.04 also in Zenith Bank belonging to B.T. Oil and Gas Nigeria Ltd. “$56, 056.75 was discovered in the former governor’s Polaris Bank account. Another $301, 319.99 was kept in Kayatawa’s Zenith Bank account, while $311, 872.15 was found in BT Oil and Gas’ Zenith Bank account, “ she said. She added that, “The monies, when converted and put together, bring the total amount frozen to N263, 033, 519.3.” Okoduwa said the judge also ruled that the commission should publish the order of interim forfeiture in a national daily within 14 days, and that the affected parties should show reason why the funds should not be permanently forfeited to the federal government.

She said the ICPC had approached the court through Section 48 (1), (2) and (3) (a) and (b) of the Corrupt Practices and Other Related Offences Act, 2000, praying for an order of interim forfeiture of the alleged funds to the federal government. She said all the sums were alleged to have been proceeds of corruption emanating from the illegal activities of the governor and his representatives.

Read more: https://www.dailytrust.com.ng/court-freezes-6m-n248-3m-in-ex-zamfara-gov-yaris-accounts.html

ok

Issokay oo


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"Babban barawo!!!!!" all of them na thief na....some of dem go even make u know say Gandollars dey learn work and nor be only am dey use babban riga

Nice move

Its a nice move

na wow o

zakim:
The Independent Corrupt Practices and Related Offences Commission (ICPC) yesterday said a Federal High Court in Abuja had granted it permission to freeze various sums of money in bank accounts traced to a former governor of Zamfara State, Abdulaziz Yari...She said all the sums were alleged to have been proceeds of corruption emanating from the illegal activities of the governor and his representatives.

Thanks for sharing

I'm sure the ICPC has her reasons for publicising this.

But wouldn't an actual CONVICTION be a better measure of success against corruption than allegations?

Okay

And all the while he attended meetings with Mr integrity, held good post and almost installed his stooge to keep his loot for him.

This dude is old so what will he do with all these monies abeg...

We have heard ooooooo
We need him jailed and the recovered money utilized.
North and Corruption are 5 & 6. Reason why they kill for power.
Even the religious book said "Fear North".

He should simply say it's money for burial naa. Let them go and ask the dead bodies

Space for sale. At an affordable and attractive price

Bet9ja no dey pay again.

Sanson siasia sold barca game last night.

Man must hustle.

For those willing to buy two plots.

Twin plot available too

hummmmmm this is 9ja where politicians embezzle money anyhow

Good

Hmmm

DWJOBScom:
And all the while he attended meetings with Mr integrity, held good post and almost installed his stooge to keep his loot for him.

This dude is old so what will he do with all these monies abeg...

I just tire.

And he was Buhari's henchman o...

Why is it that Zenith banks are mostly used these atrocities

Normal thing na...Local man not surprise..There are others you guys won't know about. .sorry

God save Nigeria from the hands of these mean men...


Hausa politicians love $$$ sha they no the economic onslaught in Naija ain't got nothing on it

Ethnic, party and religious bigots will not jump into this thread now they will find another excuse anyways on to the next level

opalu:
Deceptive Headline why cant a journalist use $0.6M instead of the deceptive $.6M? Which school did they learn to start a number with ordinary Point?

So, that is what is bothering your head in this whole matter?

Is that all?

Okay, sorry. Don't cry again.

Nigeria is rich but the ban of our development is the citizens.