NewsmakersNG
http://www.newsmakersng.com/2017/11/09/n15b-ikoyi-money-court-orders-forfeiture-of-osborne-flat/

Ladipo Sanusi/

A Federal High Court, in Lagos, today ordered the temporary forfeiture of Flat 7B Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23,218,000 were discovered in April.

The Economic and Financial Crimes Commission (EFCC) had uncovered the money stashed in iron cabinets, following a whistleblower’s alert.

NewsmakersNG broke the news of the discovery of the money and also exclusively published that the flat belonged to the wife of Ambassador Olusola Oke, the sacked Director General of the Nigeria Intelligence Agency, Folashade.

The report by NewsmakersNG was later corroborated by the EFCC.

Justice Saliu Saidu ordered the forfeiture of the flat to the Federal Government following an ex parte application by the EFCC.

The EFCC said it found out that Mrs. Oke made a cash payment of $1.658m for the purchase of the flat between August 25 and September 3, 2015.

She allegedly purchased the property in the name of a company, Chobe Ventures Limited, to which she and her son, Master Ayodele Oke Junior, were directors.

The EFCC stated that...http://www.newsmakersng.com/2017/11/09/n15b-ikoyi-money-court-orders-forfeiture-of-osborne-flat/