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Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government (33276 Views)

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Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Islie: 9:20pm On Jul 28, 2022
ICPC explained that the teacher who was on a monthly salary of N76,000 as of the time of her arrest in 2020, had N540 million in her bank account with Guaranty Trust Bank.


The Federal High Court in Abuja has ordered the final forfeiture of N120 million traced to a primary school teacher, Roseline Egbuha, and her accomplices, to the federal government.

The court also ordered the forfeiture of cars, traced to Mrs Egbuha, a teacher with Ozala Primary School, Abagana, Anambra State.

A statement by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said on Thursday that the judge, D.U Okorowo, also ordered the forfeiture of cars, traced to the teacher.

ICPC’s spokesperson, Azuka Ogugua, said the court issued the order on 26 or 27 June but the commission’s lawyers only obtained the Certified True Copy (CTC) of the order on Wednesday.

The commission said the court order followed an ex parte motion filed in 2021 following allegations surrounding N540 million linked to Mrs Egbuha and her alleged accomplices.

How suspects tried to hide funds
ICPC explained that the teacher who was on a monthly salary of N76,000 as of the time of her arrest in 2020 had N540 million in her bank account with Guaranty Trust Bank.

It said investigations by ICPC revealed Mrs Egbuha was involved in money laundering thereby prompting the commission to place a Post-No-Debit (PND) on her account.

The suspect, however, obtained a court order from the Federal High Court, Abuja, lifting the PND placed on the account, according to ICPC. She was said to have then promptly withdrawn the money and distributed it into multiple bank accounts owned by Bureau de Change operators and private individuals.

ICPC listed Mrs Egbuha’s alleged accomplices to include: James Erebouye, Emon Okune, Chisom Iwueke, Alonge Ojo, Maureen Chidimma, Owoyemi Mayowa and Ejeaka Ifeoma. It also said two private companies were charged to court over fraudulent activities and warehousing proceeds of the alleged crimes.

ICPC’s lawyer, Adesina Raheem, had in his court filings sought an order for the final forfeiture of the money and cars to the federal government.


The judge, after taking arguments from lawyers to the ICPC and the respondents, ruled that the funds found in seven individual bank accounts and that of two private companies should be forfeited to the federal government.


Breakdown of forfeited assets

The money assets covered by the order are N30.8 million in a Polaris Bank account of Dorason Construction Ltd, N17.4 million traced to a Sterling Bank account of James Erebouye and N16.4 million found in the Zenith Bank account of Dybako and Sons Nig Ltd.

Another alleged accomplice, Ojo Alonge, forfeited N14.1 million traced to two separate accounts with First Bank and Ecobank respectively. Owoyemi Mayowa, on her part, forfeited N7.1 million held in Zenith Bank.

Also forfeited are the sums of N8.2 million, N9.7 million, N6.5 million and N122,100 kept in different bank accounts by Emon Okune, Chisom Iwueke, Maureen Chidimma and Ejeaka Ifeoma respectively.


Other items forfeited by the respondents are Toyota Lexus and Venza sport utility vehicles.
https://www.premiumtimesng.com/news/top-news/545570-primary-school-teacher-others-forfeit-n120m-cars-to-nigerian-government.html

6 Likes 2 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by InsideLove(f): 9:25pm On Jul 28, 2022
shocked shocked shocked
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by backtovillage: 9:28pm On Jul 28, 2022
Chai cabals don blow.

3 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Stargangz: 9:28pm On Jul 28, 2022
This one na money miss road o, mumu of the highest order, opportunity wey guys dey find. She could have use the money to buy gold or invest the money in landed properties or build houses and rent it out. She will forever die poor insha Allah.

31 Likes 6 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by BeeBeeOoh(m): 9:37pm On Jul 28, 2022
shocked

The only thing remaining now is for Nigeria to institutionalize corruption

8 Likes

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Totilopussylick(m): 9:45pm On Jul 28, 2022
Stargangz:
This one na money miss road o, mumu of the highest order, opportunity wey guys dey find. She could have use the money to buy gold or invest the money in landed properties or build houses and rent it out. She will forever die poor insha Allah.

Could be that she was saving the money for her next generation tongue

Fortunately her generation will have to suffer from her ignorance tongue tongue tongue

17 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by inoki247: 9:47pm On Jul 28, 2022
Everytime we are always blaming the Govt and Politicians wu be the Govt and politicians na we the citizens everybody's looking for a way to rip the system....



I don't think Corruption can be defeated in this country....

19 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by ElSudani: 9:48pm On Jul 28, 2022
This one will be shouting "Obidient" as well. She will blame Buhari for the scarcity of rain in Maiduguri. Ole.

31 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by ozo13(m): 9:54pm On Jul 28, 2022
ElSudani:
This one will be shouting "Obidient" as well. She will blame Buhari for the scarcity of rain in Maiduguri. Ole.
leave them.even if 10 peter obi enter today without change in mind set of people we will continue to sink in poverty in the country.
Just look at people's comment above and to tell u same people want a change in governance where as their own mind set is already thievery. I weep for Nigeria

45 Likes 4 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Parachoko: 9:59pm On Jul 28, 2022
shocked


I fear Nigeria civil servants

43 Likes

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by LollySeaSide: 10:01pm On Jul 28, 2022
Primary School teacher?
Damn, this beech is crazy!

2 Likes

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Triangles1(m): 10:01pm On Jul 28, 2022
For Nigeria?
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Brendaniel: 10:02pm On Jul 28, 2022
Why haven't they forfeited Accountant general's 90 billion naira, I mean this one is not even 10 percent of that and the money was not traced to any government account, though I'm not siding the woman...


but what is good for Paul should be good for Peter...

30 Likes 2 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by oxygenlove(m): 10:03pm On Jul 28, 2022
Okk
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Evergreen4(m): 10:03pm On Jul 28, 2022
Lobatan. Nigerians are corrupt sha. This teacher doesn't want her reward in heaven , she wants her reward here on earth.


There's an element of corruption in every Nigerian just that the degree varies

1 Like

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Prettylima(f): 10:03pm On Jul 28, 2022
Chai there's God ooo, grin cheesy don't just know why I find this news so funny grin check my signature do you need carton to package your product talk to us
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by lexy2014: 10:04pm On Jul 28, 2022
Islie:
ICPC explained that the teacher who was on a monthly salary of N76,000 as of the time of her arrest in 2020, had N540 million in her bank account with Guaranty Trust Bank.



https://www.premiumtimesng.com/news/top-news/545570-primary-school-teacher-others-forfeit-n120m-cars-to-nigerian-government.html

How much did the accountant general that stole 81billion naira forfeit to the govt?

10 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Zchi1052(m): 10:04pm On Jul 28, 2022
H
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Jabir1990(m): 10:05pm On Jul 28, 2022
Totilopussylick:


Could be that she was saving the money for her next generation tongue

Fortunately her generation will have to suffer from her ignorance tongue tongue tongue
Ignorance is disease indeed!
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by iiifedimma(f): 10:05pm On Jul 28, 2022
Okay
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by strangest(m): 10:07pm On Jul 28, 2022
lexy2014:


How much did the accountant general that stole 81billion naira forfeit to the govt?

Good question

1 Like 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Makers49: 10:08pm On Jul 28, 2022
Old news
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by usecondom(m): 10:08pm On Jul 28, 2022
So much money looted in this country ahn ahn shocked shocked
Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Generalwoodz(m): 10:08pm On Jul 28, 2022
540-120= 420
Mama still made her profit grin

3 Likes 1 Share

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by sematec(m): 10:09pm On Jul 28, 2022
I still do not understand the woman's crime.
That it was a crime to own more N500m in an acct by an individual? Or because she's earning just N76000 naira monthly.
crime of money laundering from where to where? They should say the exact place she got the money from rather.
Those money might just be from her private investments or businesses.
Allege proceeds from which crime?
Una no even if the woman own private schools
0

25 Likes 2 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by Lama70(m): 10:11pm On Jul 28, 2022
I learnt about this case around last year. She has a son outside the country, probably Malaysia who was wiring the money to her account for safekeeping.

Na wao!

Lucky to have escaped not going to jail. Greedy mother encouraging her son to make people cry so they can rejoice.

8 Likes 2 Shares

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by tnerro1(m): 10:11pm On Jul 28, 2022
They should have told us how she managed to have 540 million, was it from the primary school funds or what?

10 Likes

Re: Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government by allen113: 10:11pm On Jul 28, 2022
Some of you saying she should have invested the money, how can she invest money that is not her own without permission?

My guess is the money belongs to her son who is probably outside the country undecided

7 Likes

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