Stella Dimoko IkoyiGATE - Union Bank Claims Ownership Of N13 Billion Recovered By EFCC


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Friday, December 01, 2017

IkoyiGATE - Union Bank Claims Ownership Of N13 Billion Recovered By EFCC

Union Bank of Nigeria Plc is now claiming ownership of the N13 billion that was found at Flat 7B in Osborne Towers, Ikoyi, on June 6.

At the Federal High Court Sitting in Lagos on Thursday, Union Bank laid claims to the flat and the building which it says came into its possession following a mortgage agreement between the bank, the original owner of the property, former PDP Chairman, Adamu Muazu and Tripple A Properties Investment Ltd.

Tripple A which is believed to be owned by Mr Muazu had allegedly used the property to secure a loan from the Union Bank sometime in 2011.

Frome Channels Television



  1. Stella I think they are laying claim to the apartment not the money.

  2. #Without hard work, nothing grows but weeds*

  3. Stella, it's the apartment they're laying claim to, not the money.


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