$919,202.07 Criminally Hidden Funds Forfeited To The Federal Government
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday says it has secured an interim order to forfeit a sum of $919,202.07 fraudulently kept in a bank by some officials of the Federal High Court, Port Harcourt.
The sum which is about 450 million Naira was discovered after the Commission received a petition against the suspected officials.
According to the ICPC, its investigators at the Rivers State Office traced the money to an interest yielding account kept secretly since 2014.
Upon discovery, the Commission stated that its lawyer, Dr. Agada Akogwu filed an Ex-parte Motion for an Interim Order of Forfeiture of the money.
The presiding judge, Justice Mohammed Sani of the FHC in Port Harcourt, however, granted the Commission’s prayers for interim forfeiture of the disclosed sum pending the final hearing on the matter.
Part of the ruling by judge says “the interim forfeiture shall be published in any daily newspaper within 14 working days for any person interested in the said property sought to be forfeited to appear before the court.”
Whoever claims responsibility, according to the ruling should be willing to prove to the court why the final forfeiture orders should not be made in favour of the Federal Government.
The matter was adjourned to December 14, 2020 for reports and final forfeiture hearing.
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