₦airaland Forum

maximunimpact:
Determined to recover the cash realized from the sale of 61 assets traced to a former Chief Executive Officer of the defunct Oceanic Bank, the Economic and Financial Crimes Commission (EFCC) has written to the National Crime Agency (NCA) in the United Kingdom to probe some suspects.

Besides, the anti-graft commission has identified two accounts in which the proceeds of the sale are suspected to have been deposited.

The accounts in Natwest Bank are 64535088(Sort Code 515001) and 77898583(Sort Code 50310) in a branch of the bank in Kensington Royal Garden.

About $112,000 was purportedly traced to account 64535088; about $209,000 was reportedly found in the second account.

The EFCC traced 61 assets to, including 41 shops, 16 mansions and four Park Towers, in Dubai.

Although all the properties were confiscated, their sale has been trailed with a fresh controversy because about $4,522,413.20 has remained unaccounted for in the last seven years.

Out of over $7million purportedly realised from the disposal of the properties, the Assets Management Corporation of Nigeria( AMCON) received $3,278,238.69 .

A UK-based counsel, Mr. Williams Akintunde Oluwaseun, who handled the sale, insisted that only $4,406, 826.63 was realised.

But he has not accounted for the $1, 128,587.94 difference in what he remitted to AMCON.

The EFCC has written to NCA to “assist in the full scale investigation of the activities of some people and the laundering of the proceeds of Dubai portfolios”.

A source said: “The EFCC has located various sums of money wired from the proceeds into some accounts in Nigeria, the UK and Dubai, among others. We need the NCA to help track down the beneficiaries and probe their accounts. Two accounts have been located in Natwest Bank in the UK. They are 64535088 (Sort Code 515001) and 77898583 (Sort Code 50310) in a branch of the bank in Kensington Royal Garden.

“Some of the proceeds were lodged in third party accounts. Our detectives uncovered the re-looting of the proceeds by some of those under investigation. Most of these inflows went to individuals and companies

“The ongoing collaboration with NCA will no doubt help us in bringing some suspects to justice and facilitate the recovery of the missing $4.5million proceeds.”

The source also claimed that six of the properties were sold in dollars but payment was effected in Naira to AMCON.

“The six properties were sold for N315million but only N100million was paid to AMCON. Detectives are looking at what informed payment to AMCON in Naira when the assets were bought in dollars.

“Also, the whereabouts of N215million balance is unknown to date. This is why we are investigating all the desk officers in AMCON, companies and the counsel connected with the sale of these 61 assets.

“We may be forced to declare some of the suspects wanted if they do not respond to our invitation for questioning.”

The source alleged that four properties, which were yet to be retrieved, were still suspected to be in Dubai.

The assets were developed by a company called DAMAC in Dubai. “We are seeking the assistance of the UAE Government to retrieve them back. The company is claiming that it can only release the assets if Mrs. Ibru and other owners can sign the power of attorney to release them to the Federal Government,” the source added.

Justice Daniel Abutu of the Federal High Court in Lagos on October 9, 2010 convicted and sentenced Mrs. Ibru to 18 months imprisonment.

He ordered that Mrs Ibru should forfeit N191billion worth of assets to the Federal Government through AMCON.

The assets to forfeit include properties in Nigeria, United States and Dubai.

She was also ordered to forfeit shares in over 100 firms both listed and unlisted at the Nigerian Stock Exchange.

https://www.financialwatchngr.com/efcc-writes-uk-crime-agency-over-stolen-61-assets-in-dubai/

Ojiofor:
Fulani terrorist have suddenly turned to unknown armed gun men.

nwaanambra1:
USELESS SHITHOLE COUNTRY LEAD BY A WALKING CORPSE AND STILL SUPPORTED BY WALKING CORPSES CALLED ZOMBIES.


THEIR DESIRE IS TO KILL EVERYBODY IN THIS COUNTRY SO IT WILL BE INHABITED BY THEIR HERDSMEN AND THEIR COWS!


BLOODY EVIL AND DEVILISH ANIMAL PRESIDENT!

Evablizin:



The armed bandits stayed for about 3 hours,and there was no help from security agencies in Nigeria.

It is finished.


Anybody supporting Bubu is a mörön. Signed; Baba OBJ.

hatchy:
PDP is not good.... but APC is evil,Satanic, and unfocused.

Party of Janja'weed,jihadyst,killers,and trouble makers led by a very known sadist, Buhari.

Anything associated with this clueless and dull brain man always ends in disaster.

Omeokachie:
It is said that midgets can run faster than Usain Bolt.

Gloriousgud:
APC is a dead party. never will the party have peace again. unless they confess their sins.

TonyeBarcanista:
From next year he will be running to Daura to meet him

BankeSmalls:
What did he do when Christians are killed? Nothing.

Evablizin:



If you want to live long stay away from APC,for God's wrath is kindled against them,i repeat stay clear zombies.

Demonic party,una never see something,this is just the beginning.

hypertension:
To be frank, my admirable Osibanjo has lost it. I can not support him again.

My grudges being that he is silent when southerners are killed, especially Christians up north.

Bede2u:
Osinbajo was never a pastor. He may be a prof. But pastor? Nah! He is just another mutivational speaker who get paid for giving speeches in church.

A pastor who is serving Tinubu? You cant serve 2 masters at a time. Its in the bible. Tinubu is a criminal and so is osinbajo

Morbeta11:
Seriously......even though it's the truth, Buhari will still defend them. Gaddafi boys

thesingleguy:
Sincerely as an Ekiti indigene from Ise Ekiti, Fayemi is really a theif, a coded sweet tongued and smart thief. We say no to him and to APC in Ekiti.

elChapo1:
bello is a huge disappointment to credible young Nigerians in future elections. anyway, this is what you get when u didn't work hard for success. Yahoo+ governor

hatchy:
Anything associated with Buhari is always a failure.

Bello is a failure and Buhari is a tragedy.

Uyiii:
Ehya, the man ass-licked buhari down to his shrink scrotum into failure.
What a disgrace as a state representative.

SalamRushdie:
something tells me the momentum is ripe for Dino to contest for Governor of Kogi state ..this is the best moment for him

BankeSmalls:
This governor has lost the next election.

jerryunit48:
Useless potbellied thieves with no atom of good leadership in them Yet they will kill to get power ...
Rochas is a disgrace

IamD18:
You'll be surprise that Buhari will call a senate meeting concerning the lives of these cows.

Buhari and his Cowharians supporters seeing this will be like.....

They'v lost their family members.

ISLAMBAD:
Ndi be Nwosu. This one wants to succeed his father in law as a governor, they want to suck IMO state dry like their Father in law Rochas did .

Come 2019, both Rochas, his son-inlaw,Uche Mmadumere his deputy, in fact anything that has come in contact with Rochas and APC shall be disgraced out of Imo state govt house .

Heartless people that have turned governance into family business

cornoil:
Ok, warn your Boy Osinbade, i mean Osinbajo, the pastor turned Propagandist, liar, Fulani herdsmen supporter while to him unarmed IPOB are terrorist, mumu in power. Tell him to resign if he cant say the truth. Wetin i dey talk self, Adeboye self na part of Change, enjoy your blood sucking, Vampire and demonic Change.

Firefire:
I wonder where his promised CHANGE is...


The dullard keep referring to the past stupidity of the condemned 16 years of PDP to justify his angelic government.

What a set of morons.

ofeco:
PMB always criticised obj, Musa and GEJ administrations for being undemocratic and corrupt but he keeps using their policies and actions as precedent. that means is not different from them.

SalamRushdie:
Buhari was clearly in America as spokesperson of the Fulani terrorist

Esseite:
The people's governor....
There is something strong about pdp and unity no matter the motive or nature.

One can almost say:
PDP is democrat while Apc is republican..

berryford:
Is this jealosy or what?

Evablizin:
Wow go girl.

Igbo Amaka.

julius976:
Trust me when i say that bello is the worst governor in Nigera, i am not a fans of dino maleye, but i definately know for sure that, na bello dey give dino wahala.

Buhari's dog

Firefire:
useless shortman with lying lip...

Ogonimilitant:
Asari is making sense here. how on earth would Dino want to jump out of a bus with armed police men around him?
When did Dino become Husein Bolt? this are all framed.