Justice Rilawan Aikawa of the Federal High Court in Lagos on Friday, May 19, 2017, ordered the final forfeiture of the sum of N449,597,000 found in an abandoned Bureau de Change shop in Victoria Island, Lagos by the Economic and Financial Crimes Commission, EFCC.
The forfeiture order followed a motion on notice taken before him by the anti-graft agency.

The temporary forfeiture of the money was ordered on April 19 till today for one Mohammed Tauheed, who was joined as a respondent in the suit and any other interested party to appear before the Judge to give reasons why the money should not be finally forfeited to the Federal Government.

At the resumed hearing of the case today, the Judge ordered the final forfeiture to the Federal Government as no one came forward to claim it.
On Friday, counsel for the EFCC, Idris Mohammed, told the judge that the interim order of April 19 had been advertised in the newspaper on May 11, so as to bring the case to the notice of Tauheed any interested party.

He added that apart from the newspaper publication, Tauheed was also served with the motion on notice.
He urged the judge to order the final forfeiture of the money since neither Tauheed nor anyone else came forward to claim it.
Justice Aikawa, in a short ruling, granted the application.

Source: http://www.cambellsblog.com/2017/05/court-orders-final-forfeiture-of.html

cc; lalasticlala

We know it before now

Oh Rivers money

What will happen to the looter of the fund? Prosecution or he goes Scot-free?

OK

Welcome development

So that it would be re looted . Useless government

How do I tell EFCC it's my money?

Sarrki come to my aid

Ezenwammadu:
So that it would be re looted. Useless government

Re-looted? Not under Bubu's watch

LivingHuman:
Re-looted? Not under Bubu's watch

wake up bros. Why is the identity of the looter still a secret?

Ezenwammadu:
So that it would be re looted . Useless government

E pain am wella

Which kind Forfeit is that... Abi dey meant seizure

LivingHuman:
Re-looted? Not under Bubu's watch

Where is Bubu watching from?
Warn yoursef o

...................

.

Nice one

"Orphaned money"

Of course we know the money belongs to government na. Who then were they expecting to come and claim it.

Nonsense.

Next

I hope they use the money for something good

Wailers can now dieeeee!!!

eshietIntrepid:
Oh Rivers money

It's not that one. Read

ApolitiCal :
What will happen to the looter of the fund? Prosecution or he goes Scot-free?
you read nobody came to claim the money and you are still asking for the looters? smh!!

Ezenwammadu :
So that it would be re looted . Useless government
wailers will forever wail.

eshietIntrepid :
Oh Rivers money
River Niger or River Benue?

HIRAETH :
I hope they use the money for something good
You can actually advise them what they can use it for sis.

LivingHuman:
Re-looted? Not under Bubu's watch

Which bubu? The veg in london hospital? Are corrupt practices not ongoing??

They should also update us with the latest news on the ongoing cover-up of the Osborn towers loot.