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Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! - Politics - Nairaland

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Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by Sunnybobo3(m): 8:00am On Jul 10, 2009
EFCC Hands Over N44.5bn to Bayelsa
From Yemi Akinsuyi and Ogochukwu Obiesie in Abuja, 07.10.2009

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Alamieyeseigha Loot

Assets whose worth is estimated at about N44,541,702,029.00, including a high brow hotel in Abuja, were yesterday handed over to the Bayelsa State government by the Economic and Financial Crime Commission (EFCC).  They were part of the loot recovered by the commission from  former governor of the state, Chief DSP Alamieyeseigha, who was jailed for corrupt practices.
The recovered items include Chelsea Hotel located at the Central Area of Abuja, valued at over N2.8 billion in 2007, and  another property located at No. 2, Marscibit Street, off Aminu Kano Crescent, Wuse II, Abuja, valued N210,000,000.
Other assets recovered from the former governor and sold include the ones worth N3,128,230,294.83 in Nigeria, $441,000 in the United States of America, 7,000 Euro and 2000 pounds across  Europe.
Speaking at the handing over ceremony  held within the premises of Chelsea Hotel, Abuja, EFCC Chairman, Mrs. Farida Waziri, said the return of the recovered assets was as a result of painstaking investigation and successful prosecution of the erstwhile governor for abuse of office, corruption and money laundering.

http://www.thisdayonline.com/nview.php?id=148354
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by philip0906(m): 8:21am On Jul 10, 2009
ok let me help u.better post the link b4 doubting Thomases will invade the thread and chop u raw. grin grin
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by MrCrackles(m): 8:57am On Jul 10, 2009
If it is true, i hope they do something meaningful with it. . . . . .A lotta lives will be improved as well as infrastructures, with all that money!
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by biola44: 9:01am On Jul 10, 2009
another person's turn 2 loot,
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by RICHIEBOI1(m): 9:18am On Jul 10, 2009
lets hope the money doesnt grow wings grin
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by blacksta(m): 9:33am On Jul 10, 2009
Transfer of loot from one thief to another thief- what a joke
Re: Efcc Hands Alams Loot Worth 44.5 Billion Naira To Bayelsa Government! by puskin: 9:37am On Jul 10, 2009
@blacksta
Exactly wat i had in mind

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