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EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport - Politics - Nairaland

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EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by Ebullience(m): 6:31pm On Dec 24, 2018
By Soni Daniel
The Economic and Financial Crimes Commission has filed a motion for the interim forfeiture of the $2.8 million it hauled from the Akanu Ibiam International Airport last week.

The application made to the Federal High Court Enugu comes despite strong protest by Bankers Warehouse which has claimed ownership of the huge cash and has asked the anti-graft agency to urgently return the money and tender an unreserved apology for the seizure.


But unmoved by the banker’s threat, EFCC also went ahead and deposed to an affidavit of urgency for the matter to be heard on December 27th 2018, before a vacation Judge sitting in Port Harcourt.

It will be recalled that the commission had on Thursday last week intercepted the said money based on intelligence report from two persons: Ighoh Augustine and Ezekwe Emmanuel suspected to be money launderers, at Akanu Ibiam International Airport, Enugu.

The agency claimed in a statement that the suspects had confessed during interrogation that they had been in the business of moving cash for “some notable banks”, for over six years and were in the process of doing same for Union Bank Plc, located at New Market, Onitsha, Anambra State, before their arrest.

They also claimed to be working for a company known as Bankers Warehouse.

At the time of filing this report, the alleged owner of the money (Union bank) had not made any physical presence in any of the commission’s offices, including the Enugu office, to establish its claim.

The EFCC Spokesman, Tony Orilade, said on Monday that efforts were being made to secure warrant for the detention of the suspects pending when they would be charged to court.

The warrant is consequent upon the refusal of the claimant bank or any of the relatives to come for the release of the suspects.

https://www.vanguardngr.com/2018/12/efcc-moves-to-forfeit-2-8m-seized-from-enugu-airport/

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Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by ORIENTATION101: 6:36pm On Dec 24, 2018
Nobody wil show up for the money because it pdp campaign slush funds.
Efcc should file for permanent forefeiture and return the money back to treasury cos union bank or whatever will not come and claim a campaign fund for pdp

3 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by LibertyRep: 6:37pm On Dec 24, 2018
It's not enough to claim ownership of such money through tweets.

One would have expected Union bank to have come forward to physically claim the money since last week. What manner of rough play is this?

Or could it be that there are legal procedures to be followed. Well, the court will decide.

Ehn Oga EFCC, how far about the Osbourne Tower money?

3 Likes 1 Share

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by CliffDike(m): 6:37pm On Dec 24, 2018
The EFCC under Mr Magu lacks professionalism and every sense of decorum it internally deserves. A sensitive body like the EFCC is not supposed to go to press without proper investigation.
This display of impunity and officiousness to score cheap political points will only 'paradoxically' weaken the commission.
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by fuckingAyaya(m): 7:30pm On Dec 24, 2018
ORIENTATION101:
Nobody wil show up for the money because it pdp campaign slush funds.
Efcc should file for permanent forefeiture and return the money back to treasury cos union bank or whatever will not come and claim a campaign fund for pdp
.

6 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by Chigold101(m): 7:34pm On Dec 24, 2018
Is this not funny?

EFCC as an arm of APC is one of Buhari's greatest weapon against the people of Nigeria.

If such huge amount of money is forfeited, tell me how Union Bank would be able to pay back the depositors that actually owned the money.

Tell me how Union Bank would not fold up finally.

Peter called it locking your shop and chasing criminals. This time it's more of witch hunt

4 Likes 1 Share

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by docadams: 8:14pm On Dec 24, 2018
Hmmmm
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by ZKOSOSO(m): 8:19pm On Dec 24, 2018
BuhariAPC is a wounded Lion. He hates South East with passion.

To him that money belongs to an Igboman whom he hates so much and would do everything illegally possible to frustrate the move to unseat him next year...!

He doesn't care if Nigeria burn provided Peter Obi is never sighted near AsoVilla

2 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by IamJames: 8:24pm On Dec 24, 2018
Are these people really mad? After all the public outcry they still pushing the money laundering narrative?

Honestly it seem they're jobless and they looking for some activity to keep busy.
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by rottennaija(m): 8:40pm On Dec 24, 2018
IamJames:
Are these people really mad? After all the public outcry they still pushing the money laundering narrative?

Honestly it seem they're jobless and they looking for some activity to keep busy.

What's the need of public outcry if Union Bank cannot go to EFCC to claim its money? I know for sure that some banks convine with some rich men (politicians, drug lords, business men) to move slush funds on the pretense the money belongs to them. It's a practice all over the world, sometimes to avoid tax or hide cash that are gotten through proceeds of crime etc. It may just be the case here.

Besides, union Bank has lawyers, what's stops them from using their lawyers through court processes reclaim the money of it really belongs to them?

4 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by IamJames: 8:52pm On Dec 24, 2018
rottennaija:


What's the need if public outcry if Union Bank cannot go to EFCC to claim its money? I know for sure that some banks convine with some rich men (politicians, drug lords, business men) to move slush funds on the pretense the money belongs to them. It's a practice all over the world, sometimes to avoid tax or hide cash that are gotten through proceeds of crime etc. It may just be the case here.

Besides, union Bank has lawyers, what's stops them from using their lawyers through court processes reclaim the money of it really belongs to them?

You're right though. Union Bank should head to court.
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by PythonAmaka: 8:56pm On Dec 24, 2018
They could have done a sleek of a job if it was to be powder products. They would hide it up in the ass to evade security checks. These dudes over there love crime like a pet.


python amaka

2 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by rottennaija(m): 9:03pm On Dec 24, 2018
IamJames:


You're right though. Union Bank should head to court.

That's if they own the money and are not fronting for someone

1 Like

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by Kassidy4luv(m): 9:34pm On Dec 24, 2018
Werey EFCC.

GANDUJE is a saint baaa
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by truthfulparrot(m): 9:47pm On Dec 24, 2018
rottennaija:


What's the need of public outcry if Union Bank cannot go to EFCC to claim its money? I know for sure that some banks convine with some rich men (politicians, drug lords, business men) to move slush funds on the pretense the money belongs to them. It's a practice all over the world, sometimes to avoid tax or hide cash that are gotten through proceeds of crime etc. It may just be the case here.

Besides, union Bank has lawyers, what's stops them from using their lawyers through court processes reclaim the money of it really belongs to them?
Wait for the end of this case, you will be shocked that EFCC messed up big time and they are only trying to avoid paying heavy damages by rushing to court to have legal backing for holding it pending the time they will return it to the owner.
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by NairaandNigeria: 9:56pm On Dec 24, 2018
Chigold101:
Is this not funny?

EFCC as an arm of APC is one of Buhari's greatest weapon against the people of Nigeria.

If such huge amount of money is forfeited, tell me how Union Bank would be able to pay back the depositors that actually owned the money.

Tell me how Union Bank would not fold up finally.
Your brain needs alignment
Peter called it locking your shop and chasing criminals. This time it's more of witch hunt
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by NairaandNigeria: 9:57pm On Dec 24, 2018
Chigold101:
Is this not funny?

EFCC as an arm of APC is one of Buhari's greatest weapon against the people of Nigeria.

If such huge amount of money is forfeited, tell me how Union Bank would be able to pay back the depositors that actually owned the money.

Tell me how Union Bank would not fold up finally.
Peter called it locking your shop and chasing criminals. This time it's more of witch hunt
Your brain needs alignment

2 Likes

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by ticon4life(m): 10:47pm On Dec 24, 2018
Efcc should release not for them because is a corruption proceed which is to be used by enemies of our nation in finance Boko Haram, communial crisis and killing across the states inorder to defame the Government of the day.
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by ikaboy: 5:21am On Dec 25, 2018
Hope no be money union Bank wanted to borrow baba buhari again for 2023?
Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by budaatum: 6:54am On Dec 25, 2018
Bankers Warehouse Mission
To provide World Class Cash Management / Processing Services to Clients through Highly skilled and experienced professionals that are supported by appropriate technology infrastructure in order to create value for clients and shareholders and make a lasting positive contribution to the society.
Is hiring agbero to carry $2.8b in 2 suitcases without proper CBN issued documentation world class?

Union Bank must be petty market traders if it is!

1 Like

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by helinues: 7:22am On Dec 25, 2018
And Union banks have not visited any of the EFCC branch to claim the money. Something is not adding up

1 Like 1 Share

Re: EFCC Moves To Forfeit $2. 8m Seized From Enugu Airport by docadams: 12:33pm On Dec 25, 2018
Chigold101:
Is this not funny?

EFCC as an arm of APC is one of Buhari's greatest weapon against the people of Nigeria.

If such huge amount of money is forfeited, tell me how Union Bank would be able to pay back the depositors that actually owned the money.

Tell me how Union Bank would not fold up finally.

Peter called it locking your shop and chasing criminals. This time it's more of witch hunt

(1) (Reply)

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