Court Seizes Multi-Billion Properties of APC Governor Dragging Buhari to S’Court Over Naira Redesign

• Emerging reports have confirmed a court ruling ordering the seizure of some assets linked to the Kogi state government
• The assets were reported to have been uncovered by the Economic and Financial Crimes Commission (EFCC)
• It was gathered that the assets comprise local and foreign properties in Abuja, Lagos and Dubai

A ruling by Justice Nicholas Oweibo has ordered the seizure of at least 14 multi-billion properties situated in Abuja, Lagos and Dubai linked to the Kogi state government.

The ruling was given after the Economic and Financial Crimes Commission (EFCC) presented a case about uncovering these assets.

As reported by The Nation newspaper, the presiding judge gave the ruling after an ex parte motion was filed and argued by EFCC counsel, Mr Rotimi Oyedepo, SAN, in suit FHC/L/CS/301/2023.

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The prosecuting counsel, Oyedepo, told the court that the properties discovered by the EFCC were connected to the Kogi state government and suspected to have been acquired illegally.

In his ruling, Justice Oweibo sanctioned the immediate seizure of N400 million traced to the state government.

As reported by Sahara reporters, Oyedepo further told the court that the N400 million was suspected to been got from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos.”

The judge also directed the (EFCC) to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanent.

Recall that Governor Yahaya Bello of Kogi state was one of the many APC governors who filed a joint suit against President Muhammadu Buhari and the Central Bank of Nigeria (CBN).

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In another development, the All Progressive Congress (APC) governors are not giving up on the quest against the ban on the old naira notes.

In a recent development, the usual suspects, Governor Nasir El-Rufai and his colleagues in Kogi and Zamfara file a contempt suit against FG.

The suit filed before the Supreme Court had AGF Abubakar Malami and the Governor of CBN, Godwin Emefiele, as respondents.

Source: Legit.ng