The Federal High Court sitting in Ikoyi, Lagos has ordered the final forfeiture of the sums of $16,500 and N127m, which were fraudulently diverted from the Nigerian Maritime Administration and Safety Agency (NIMASA).
The presiding Judge, Justice Kehinde Ogundare had on May 23, 2024, ordered the interim forfeiture of the funds to the federal government of Nigeria following a motion ex parte filed by the Economic and Financial Crimes Commission, EFCC.
Counsel to EFCC, Suleiman I. Suleiman, had sought the interim forfeiture of the funds under Section 17 of the Advance Fee Fraud and other Fraud Related Offences Act No. 14. 2006; and Section 44 (2)(B) of the Constitution of the Federal Republic of Nigeria 1999 (As Amended).
Justice Ogundare, in granting the interim forfeiture order, had also directed the EFCC to publish the order in a national newspaper for interested parties to show cause why the money should not be finally forfeited to the Federal Government.
At the resumed sitting on Monday, EFCC submitted in the affidavit that, “the funds sought to be forfeited are reasonably suspected to be proceeds of unlawful acts of diversion of funds from the treasury of NIMASA, through Mr Uche Obilor, his companies and other cronies.
“That during the course of investigation, the total sum of $16,500 USD cash, was recovered by the Commission, part of the funds diverted from the treasury of NIMASA. And that for using his companies as mentioned above, Mr. Uche Obilor, upon invitation to the Commission during the course of investigation agreed to return the sum of N118 million, admittedly received and retained by his companies from the funds fraudulently converted from the treasury of NIMASA,” it submit.
Counsel to EFCC, Suleiman, while moving the motion for the final forfeiture said: “pursuant to your lordship’s order made on May 23, 2024, the publication of the order was made on June 6, 2024 of Punch newspaper.“
“The application is accompanied by two exhibits, the interim order of the court and the Punch publication of June 26, 2024; and it is supported with a written address. “We respectfully adopt same and pray the court to grant all the reliefs sought.”
Justice Ogundare, after listening to the counsel to the EFCC, held that “order granted as prayed,” as no interested party appeared in court to contest the interim order.
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