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N28b Fraud: Court Orders EFCC Seizure of Ikpeazu's Aide Uchenna Erondu's N1.2bn Assets Over Diversion of Abia Funds | #IgbereTV

The Federal High Court in Abuja on Thursday, ordered an interim forfeiture of three property linked to an Abia House of Assembly Member and Aide to former Governor of Abia State, Mr Erondu Erondu, to the Federal Government over alleged money laundering to the tune of N28 billion.

Justice Emeka Nwite gave the order after the Economic and Financial Crimes Commission (EFCC)’s lawyer, C.O. Onu, moved a motion ex-parte to the effect.

The judge ordered that the notice be published on Daily Trust Newspaper and EFCC Website for interested person(s) to show cause within 14 days of the date of publication why the assets should not be permanently forfeited to the Federal Government.

“I have listened to the submission of the learner counsel for the applicant (EFCC).

“I have also gone through the affidavit evidence with the exhibits thereto along with the written address.

“I am of the view and I so hold that the application is meritorious.

“Consequently, the application is granted as prayed,” Justice Nwite said, and adjourned the matter until May 26 for report of compliance.

The property include a four-bedroom bungalow at Plot 6/31, Ukaegbu Layout, Umuahia North LGA, Abia valued at N409 million; and a three-bedroom bungalow at same address as above and valued at N300 million.

The other property is a five-bedroom bungalow at Guzape in Abuja valued at N500 million.

Erondu currently serves as lawmaker representing Obingwa West Constituency of Abia State House of Assembly.

The anti-graft agency had, in the motion ex-parte dated April 10 and filed April 16, sought two orders.

The commission prayed the court for an order that the property set out in the schedule be seized in the interim to the Federal Government pending the conclusion of investigation and possible prosecution.

The commission said the allegations were in connection with a case of economic and financial crimes, alleged case of criminal conspiracy, illegal transfer of funds, abuse of office, diversion of public funds, and money laundering to the tune of over N28 billion.

In the affidavit attached to the motion and deposed to by an EFCC staff, Samson Oloje, the officer averred that the commission was in receipt of an alleged case of fraud

He said the case bordered on “criminal conspiracy, abuse of office, diversion of public funds and money . Laundering to the tune of over N28 billion initiated through an intelligence report source to the applicant’s organisation.”

“That the assets and properties in the schedule of this application are being investigated for being linked to economic and financial crimes, proceeds of crimes, abuse of office, diversion of public funds, illegal transfer of funds, criminal conspiracy, impersonation and money laundering via an open source intelligence report.

“That herein attached are the statements of the person involved in the dealings and transactions connected to this case hereby attached as Exhibit EFCC-1.”

Oloje said it would be in the interest of justice for the application to be granted “in order to preserve the res pending the conclusion of investigation for whosoever concerned to show cause why the aforementioned assets and properties should not be forfeited to the Federal Government.”

Source : https://igberetvnews.com/1482400/n2b-fraud-court-orders-efcc-seizure-ikpeazus-aide-uchenna-erondus-n1-2bn-assets-diversion-abia-funds/

Nice one!

I hardly comment in these sections, because of what they reduced it to, but since sanity is coming back, let's take note these.
Be critical in your comments
Back your claims with statical facts
We are all still Nigerians till further notice

Na only me and few other people no be thief for this country

Criminals everywhere!

For every bad and corrupt politicians since 1960 up till present that took our darling nation 100 years back by blind looting and stealing.
They will never go Scot free in their looting and criminal lifestyle, terrible end await them all...... including their supporters.

A better Nigeria is what we want.
To a better Nigeria 🇳🇬 we go.

We Rise ✔️

28 billion one person.

God no go forgive some people sha

Quickly arrest him before he decamp to APC!

Let him quickly decamp to APC

What!

Billions is now sounding like 100s of thousands those days

So the guy is one of the billionaires

spencekat:
Nice one!

Until he decamps

Just move to apc and your sins will be forgiven
Like helinues and his half wit, dim wit, dumb bell crew

Quick join APC and promise them Igbo votes

This country nawoooo
Tiff every where

Cmanforall:
Until he decamps

Wahala!.OJi Uzor Kalu,T.A Orji and O.V Ikpeazu recklessly looted Abia's treasury. I know once any criminal politician runs to APC, he or she will become free and freed.

Kosiso12:
Source : https://igberetvnews.com/1482400/n2b-fraud-court-orders-efcc-seizure-ikpeazus-aide-uchenna-erondus-n1-2bn-assets-diversion-abia-funds/

Ikpeazu is about to join APC of saints redeemed.

FactBoyz:
Daily Post Nigeria

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has said politicians’ sins are forgiven when they join the ruling party.

Oshiomhole made this statement on Thursday, while welcoming new members to the party, at the APC presidential campaign in Benin.

As he reeled out names of those who have defected from the PDP to the APC, he said: “I am told that there are a lot of very very senior people from PDP who have decided to join forces with President Buhari to take the broom to sweep away PDP and to continue to ensure that APC continues to preside all over Nigeria.

“It includes my own brother, my friend who comes from my own clime, Henry Duke Genebe. He is the former organising secretary of PDP and we also have former vice chairman PDP and leader of Edo North of PDP. We also have my brother Chief Esheshi Godwin. He is also former council chairman and my very dear friend. We have quite a number of other leaders who have come.

“We have quite a number of other leaders who have come… in fact, once you have joined APC, all your sins are forgiven.”

https://www.google.com.ng/amp/dailypost.ng/2019/01/18/join-apc-sins-forgiven-oshiomhole-video/amp/

Nice job EFCC!
Say no to crime, Whether Yahoo or politics.

nkemjacob2:
Let him quickly decamp to APC

Certainly he will.
Ikpeazu already primed all his loyalists to join APC

This is serious

Kosiso12:
Source : https://igberetvnews.com/1482400/n2b-fraud-court-orders-efcc-seizure-ikpeazus-aide-uchenna-erondus-n1-2bn-assets-diversion-abia-funds/

Make Una move go APC...


Efcc gets low libido once they see APC as Ur identity.

TimiofAbuja:
Na only me and few other people no be thief for this country

That girl heart wey U thief nko?
Infact no be one, no be 2, them plenty wey U thief their heart

Steal 28 billion and forfeit 1.2B and he is free

N1.2b!!! Who is he what was he doing 20 years ago? What business did he do to acquire such? Tomorrow he will be feeling bigger than himself and others. Them plenty like him. Politicians and ppl in power

With all the billions and trillions these wicked politicians stole from Nigeria and some are still stealing, how is Nigeria surviving the looting that the country have not collapse is another mystery.

frankblinkz:
28 billion one person.

God no go forgive some people sha

Okowa own na over a trillion bro!

Kosiso12:
Source : https://igberetvnews.com/1482400/n2b-fraud-court-orders-efcc-seizure-ikpeazus-aide-uchenna-erondus-n1-2bn-assets-diversion-abia-funds/

this guy,uchenna erondu aka igodo was the defacto Governor during ikpeazus tenure in Abia.this same guy was responsible for denying party tickets to PDP grassroot politicians in Abia state.h even boasted of being the potential speaker of ABHA with the hope that, the PDP will win the gubernatorial elections.

The Federal High Court in Abuja on Thursday, ordered an interim forfeiture of three property linked to an Abia House of Assembly Member and Aide to former Governor of Abia State, Mr Erondu Erondu, to the Federal Government over alleged money laundering to the tune of N28 billion.



Justice Emeka Nwite gave the order after the Economic and Financial Crimes Commission (EFCC)’s lawyer, C.O. Onu, moved a motion ex-parte to the effect.

The judge ordered that the notice be published on Daily Trust Newspaper and EFCC Website for interested person(s) to show cause within 14 days of the date of publication why the assets should not be permanently forfeited to the Federal Government.



“I have listened to the submission of the learner counsel for the applicant (EFCC).

“I have also gone through the affidavit evidence with the exhibits thereto along with the written address.



“I am of the view and I so hold that the application is meritorious.

“Consequently, the application is granted as prayed,” Justice Nwite said, and adjourned the matter until May 26 for report of compliance.



The property include a four-bedroom bungalow at Plot 6/31, Ukaegbu Layout, Umuahia North LGA, Abia valued at N409 million; and a three-bedroom bungalow at same address as above and valued at N300 million.

The other property is a five-bedroom bungalow at Guzape in Abuja valued at N500 million.



Erondu currently serves as lawmaker representing Obingwa West Constituency of Abia State House of Assembly.

The anti-graft agency had, in the motion ex-parte dated April 10 and filed April 16, sought two orders.



The commission prayed the court for an order that the property set out in the schedule be seized in the interim to the Federal Government pending the conclusion of investigation and possible prosecution.



The commission said the allegations were in connection with a case of economic and financial crimes, alleged case of criminal conspiracy, illegal transfer of funds, abuse of office, diversion of public funds, and money laundering to the tune of over N28 billion.

In the affidavit attached to the motion and deposed to by an EFCC staff, Samson Oloje, the officer averred that the commission was in receipt of an alleged case of fraud



He said the case bordered on “criminal conspiracy, abuse of office, diversion of public funds and money . Laundering to the tune of over N28 billion initiated through an intelligence report source to the applicant’s organisation.”

“That the assets and properties in the schedule of this application are being investigated for being linked to economic and financial crimes, proceeds of crimes, abuse of office, diversion of public funds, illegal transfer of funds, criminal conspiracy, impersonation and money laundering via an open source intelligence report.



“That herein attached are the statements of the person involved in the dealings and transactions connected to this case hereby attached as Exhibit EFCC-1.”



Oloje said it would be in the interest of justice for the application to be granted “in order to preserve the res pending the conclusion of investigation for whosoever concerned to show cause why the aforementioned assets and properties should not be forfeited to the Federal Government.”


N28b Fraud: Federal High Court in Abuja Orders EFCC Seizure Of Ikpeazu's Aide Uchenna Erondu's N1.2bn - Alexa News Nigeria - General World News, Gossip, Entertainment, Technology, Business, Politics, World News, Middle East, US News, UK News, Asian News, European News, African News, Latin American & General News.

somebody swallowed #28b
you recovered #1.2 b... crazy...
anytime re pays the balance is when he should leave prison

Bekermann:
Okowa own na over a trillion bro!

Little wonder Atiku chose him as his running mate

Birds of a feather.

I believe us, me and you and some few people. But the rest, especially those politicians, the ones that dreamt of being a politician, the one that has a politician has a family member, themone that goes to Pentecostal churches and some Muslims activists.....they are all Barawo, thieves........

TimiofAbuja:
Na only me and few other people no be thief for this country

The property include a four-bedroom bungalow at Plot 6/31, Ukaegbu Layout, Umuahia North LGA, Abia valued at N409 million; and a three-bedroom bungalow at same address as above and valued at N300 million.

The other property is a five-bedroom bungalow at Guzape in Abuja valued at N500 million.

How are BUNGALOWS in Umuahia worth N409milliom and N300million?

Even the Guzape one. It’s a bungalow. How is it worth N500million?

There’s something afoot