The judge made the order based on an application by the Economic and Financial Crimes Commission (EFCC).
Justice Olatoregun ordered that the total sum of N2, 244,500,000 found and recovered by the commission from Amosu be paid into the Federal Government’s Treasury Single Account (TSA) with Guarantee Trust Bank.
The judge affirmed the EFCC’s stance that the money was reasonably suspected to be “proceeds of unlawful activity.
Also forfeited is N101 million recovered from Solomon Enterprises, a company linked to Amosu.
Justice Olatoregun held that EFCC complied with the orders made on June 7, 2018.
Including that the interim forfeiture be advertised in two national newspapers so that the respondents or anyone interested could show cause as to why the final order of forfeiture should not be made in favour of the Federal Government
Vanguard
*Federal govt will take this money and use it to do what exactly?
Are you saying the federal government shouldn’t take the money from him? Does the federal government not pay salaries? Does the FG not allocate monies to states? Of course it goes back to the coffers of the FG and the FG will use it.
ReplyDeleteThis your question is sounds unintelligent
DeleteCourt asked that the funds be returned to government coffers and u are asking for what use?
Na to buy us all beer na
And what has happened to the Aboki that was caught receiving bribe? He has now become a saint? Bcos he will deliver Kano state? Corruption fighter indeed.
ReplyDeleteSee moneyyyyy
ReplyDeleteOk oh.
ReplyDelete