EFCC secures Interim forfeitures order on abandoned N49m cash - The Drum Online

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Friday, 17 March 2017

EFCC secures Interim forfeitures order on abandoned N49m cash

EFCC Secures Interim Forfeitures Order On Abandoned 49m Cash

The Economic and Financial Crimes Commission EFCC, on 16th March, 2017 Secured an interim forfeiture order granted by Justice S.M Shuaibu of the Federal High Court Kaduna ordering that the sum of Forty Nine Million Naira (N49,000,000) be forfeited to the Federal Government of Nigeria pending  the hearing and determination of Motion on Notice filed by the EFCC.

The order was made pursuant to Section 17 (2) of the Advance Fee Fraud and other Fraud Related offences Act 2006 as there is no individual(s) coming forward to claim the said sum after over 72 hours of getting the intelligence report from the Federal Airport Authority of Nigeria FAAN.
Justice Shuaibu also said the suit should be published in any of the national dailies across the country within a reasonable time in order for the EFCC to move a motion for the final forfeiture in case no one or group of persons comes forward for the stated sum. The case is adjourned to 3rd April 2017 for hearing.

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