Justice Folasade Giwa-Ogunbanjo of the Federal High Court, Abuja on Thursday ordered the final forfeiture of N601million linked with the former head of service of the federation, Mrs. Winifred Oyo-Ita.

The money in two accounts at Zenith Bank was held in trust in the name of Titus Okunrinboye Thompson.

The Economic and Financial Crimes Commission, EFCC, convinced the court that the money in two accounts was a proceed of fraud and on Monday October 7 made a final forfeiture application before Justice Giwa.

The trio of Titus Okunrinboye, Vincent Odafen and Muara Muhammed Gambo were being prosecuted by the EFCC for running and operating companies, which were alleged to have been used to siphon public funds under the façade of contracts or consultancy.

The EFCC on June 28, 2019, applied for interim forfeiture before Justice Giwa, who granted the application and stipulated that the Commission should place the application in a national newspaper.

On October 7, 2019, prosecution counsel, M.S. Abubakar, told the court that the Commission had complied with the judge’s stipulation by advertising the interim forfeiture application in The Nation Newspaper.

“We have complied and we’re now back to apply for final forfeiture and the affidavit in support of the motion on notice, as the defendant has not filed any counter,” Abubakar stated.
Justice Giwa, however, asked the prosecution counsel to serve the defendant the notice on motion.

He also urged Abubakar to make sure that the account number filed by the prosecution for the forfeiture is thoroughly verified to be a Central Bank account number and must be supported with documents to ensure that where the funds would be transferred is a genuine federal government’s account before adjourning to October 10, 2019, for ruling on the final forfeiture application.

At the resumed hearing today, the prosecution counsel urged the court to grant EFCC’s prayers since there was no counter affidavit against the application.

The motion on notice filed by the EFCC for the final forfeiture reads: “A final order of this honourable court for forfeiture to the Federal Government of Nigeria of funds lying in the Zenith Bank Account No.208383581 (OKUNRINBOYE TOMSIN TITUS). A final order of this honourable court for final forfeiture to the Federal Government of Nigeria of the funds lying in the Zenith bank account No. 1004702420(OKUNRINBOYE TOMSIN TITUS). An order of this honourable court directing Zenith Bank to forthwith transfer the forfeited funds to the Central bank of Nigeria.”

Justice Giwa granted the prayers of the prosecution and placed an order, directing Zenith Bank to transfer the forfeited funds into the Cash Assets Final Forfeiture of the Central Bank of Nigeria.



Source: https://www.pmnewsnigeria.com/2019/10/10/n601m-linked-to-oyo-ita-forfeited-to-fg/amp/

Instead of this unnecessary taxes govt should fund 2020 budget fro recovered loot

this is big

Na turn by turn.

AUDIO MONEY, WHERE IS MAINA?

WHAT A MAN CAN DO, A WOMAN CAN DO BETTER

This woman must have started stealing from her husband's pocket, and then upgraded to government's purse

Still waiting for Daura, Former SGF, and kyari to be probed

Corruption marches on unrelentingly. The only solution is to restructure. Even a blind man can see there is something fundamentally wrong with the system.

Wherever and whenever I read or hear that a woman stole something, I always cringe...

I wonder how it pleases them to keep amassing this massive wealth for themselves when majority of the populace live below poverty level.

Whom did they sell their conscience to?

Believe me when I say that women in power are the biggest thieves we have in Nigeria..

Women are known to have fragile heart but when Nigeria women have power they become stone hearted and can do the undo


Inside life

See yams

They have all this money and will not help person

ihustlehard:
this is big

future prime suspect identified

...so much money in this country that we don't know what to do with it...what a man can do, a woman can surely and even do better...

Women. They can perform wonders

Personally I love this. For God's sake what is such a humongous amount of money lying fallow in the bank account?

Why didn't you sink the money in the ground in a small place like calabar?

Girls empowerment...
Craft center...
ICT center to empower even the girls/youths...
Even the girl child education now,
the money will be relooted.

Greed doesn't pay you know.

.

Before you start shouting 600 million naira is not up to 2 million dollars

[quote author=Offisteven post=83018449]Personally I love this. For God's sake what is such a humongous amount of money lying fallow in the bank account?

Why didn't you sink the money in the ground in a small place like calabar?

Girls empowerment...
Craft center...
ICT center to empower even the girls/youths...
Even the girl child education now,




God bless u jare...I wish she can read this.
I dey shame for this woman��


that money don enter voicemail o

Greed doesn't pay you know.

FarahAideed:
Before you start shouting 600 million naira is not up to 2 million dollars

Are you encouraging stealing or what?this country is doom with these kind of citizens in it.

Tomorrow we will hear country wants to go and borrow from china, i wonder how running a govt will be so expensive than the whole citizens combine.

Anyways we have special assistance to the 3rd wife of the governor, thats daft ppl ruling, and still wana retain power by all means.

Waoh. How can people be so heartless? You are put in the position of trust and all you can do is to fleece your country..

hmmm...i though there were no thieves in Buhari's cabinet

olajizz01:
Are you encouraging stealing or what?this country is doom with these kind of citizens in it.

Except there is reasonable proof this is a proceed of a corrupt practice I don't see any alarm

My God
See money

Where dem dey? The people from the other side... Make una come defend madam.