…Emefiele owns the properties…Sowore claims
The Economic and Financial Crimes Commission (EFCC), has achieved its largest single asset recovery since its establishment in 2003, following the final forfeiture of an estate comprising 753 duplexes and apartments in Abuja.
This was contained in a statement made available on the official X account of the commission on Monday.
The estate, covering 150,500 square metres in Lokogoma District, was forfeited to the federal government by order of Justice Jude Onwuegbuzie on Monday, December 2, 2024.
Justice Onwuegbuzie ruled that the property, located on Plot 109, Cadastral Zone C09, was reasonably suspected to have been acquired with proceeds of unlawful activities.
The ruling followed the EFCC’s reliance on Section 17 of the Advance Fee Fraud and Other Related Offences Act, 2006, and Section 44(2)(B) of the 1999 Constitution.
The forfeited estate was reportedly built by a former senior government official, currently under investigation by the EFCC.
The statement partly reads, “Justice Jude Onwuegbuzie, on Monday, December 2, 2024 gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 Units of duplexes and other apartments. This is the single largest asset recovery by the Economic and Financial Crimes Commission, EFCC, since its inception in 2003. The Estate rests on Plot 109 Cadastral Zone C09, Lokogoma District, Abuja.
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Reactions trail the assets seizure by Efcc.