An Abuja Federal High Court has ordered the interim forfeiture of N110.4 million traced to the bank accounts of one James Erebuoye and seven other suspects by the Independent Corrupt Practices and other related offences Commission (ICPC) for allegedly being proceeds of crime.

A statement issued on Thursday by the ICPC spokesperson, Azuka Ogugua, said, an ex-parte motion filed by Raheem Adesina on behalf of ICOC before Justice D. Okorowa, further prayed for an order of interim forfeiture of a Toyota Lexus Jeep and a Toyota Venza car, including an Ipad device.

The statement explained that the properties were seized by the Commission from Erebuoye and his accomplices who were alleged to have benefitted from over N500 million illicit fund stashed in the account of a primary school teacher, Mrs. Roseline Uche Egbuha.

ICPC said, it found that N110,364,592.4 was surreptitiously moved sometime in 2020, from the bank account of the primary school teacher, who was being investigated for money laundering and other fraud, into different accounts owned by Erebuoye and eight other persons, including two companies.

“The money to be forfeited includes N17.4 million that was transferred to the bank account of Erebuoye, N14.2 million to an account owned by one Ojo Alonge, N16.4 million to a company called DY Bako and Sons Ltd and N30.8 million to another company known as Dorason Construction ltd.

“The order for interim forfeiture also covers the sums of N7.1 million traced to an account owned by Owoyemi Mayowa, N8.2 million, and N6.5 million traced to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively”, the statement added.

Mrs Egbuha, a teacher at Ozala Primary School, Abagana, Anambra State, was arrested in June 2020 by the Commission for allegedly laundering N550 million.

NwaNimo1:

https://thewillnigeria.com/news/primary-school-teacher-others-forfeit-n110-4m-to-fg/

RoyalBoutique:
Where this teacher take find all this money?

I've read the article and I didn't see who she scammed or how she got the money.

SarkinYarki:


Don't mind the govt they keep hiding the backstory to make it look like the woman is a thief ...she has son that has been in South America for a decade and he is the one that's sends her the money to invest for her here in Nigeria

RoyalBoutique:


I tire for 234 journalism

GboyegaD:
The corruption wey dey naija, we no fit wipe am out.

SarkinYarki:


Don't mind the govt they keep hiding the backstory to make it look like the woman is a thief ...she has son that has been in South America for a decade and he is the one that's sends her the money to invest for her here in Nigeria

SarkinYarki:


I just hate how the Nigerian govt has bullied them just to steal their money..

RoyalBoutique:
Where this teacher take find all this money?

I've read the article and I didn't see who she scammed or how she got the money.

einsteine:


Her son was sending her money from Brazil.

The bank officials say it is a proceed of fraud and they reported to efcc.

RoyalBoutique:


It's very bad.

If only the woman can defend the source of the money, then the government can't do anything.

I just pray she can.

einsteine:


Her son was sending her money from Brazil.

The bank officials say it is a proceed of fraud and they reported to efcc.

SarkinYarki:
This case is just a clear case of Nigerian govt theft , till date the Nigerian govt has not been able to prove that this fund is a proceed of any crime anywhere but are hell bent of using an unjust forfeiture to steal it ...You can see the make sure you don't have a clear back story of this matter ..For those who don't this woman ( teacher) has a son somewhere in South America that keeps remitting millions of Naira into her account to help him invest here in Nigeria , as per her lowly status the bank officials and Nigerian govt hatched plan to call the money suspicious and sieze it ..Till date there is no proof her son is into crime in South America , till date no south American govt has said there was crime in their country..it's a shame how we do so much to stop poor families from breaking through in this country

LegalOpinion:


Listen to yourself. Her son send "millions" for her to invest and remain as a primary school teacher?

BTW you also forgot to tell us what the multi-millionaire son does "somewhere in South America".

LegalOpinion:


Listen to yourself. Her son send "millions" for her to invest and remain as a primary school teacher?

BTW you also forgot to tell us what the multi-millionaire son does "somewhere in South America".