EFCC secures final forfeiture of 20 properties, 10 vehicles for Arthur Eze

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EFCC secures final forfeiture of 20 properties, 10 vehicles for Arthur Eze
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The court of appeal in Abuja has affirmed a final forfeiture order on properties fraudulently gotten by two brothers, Olisaebuka Eze...

The court of appeal in Abuja has affirmed a final forfeiture order of properties fraudulently gotten by two brothers, Olisaebuka Eze and Onyeka Eze.

The businessman petitioned the commission in 2020, alleging theft, criminal misappropriation, and money laundering against Olisaebuka, who, at the time, was the administrative officer of his company, Oranto Petroleum Ltd.Arthur alleged that the two brothers stole his money, estimated at billions of naira and millions of dollars.Upon the conclusion of investigations, the EFCC arrested Olisaebuka and Nnadozie and froze their bank accounts, following court orders.

Other properties are Plot No. XK1057, measuring 800sqm, located in Apo Layout, AMAC, FCT; Plot of land with RofO with file No. AN 69550 dated 28/10/2012 at Kyami District Abuja; Plot No. 0844 in NAF Valley Estate, Asokoro Abuja, measuring about 1316.79; and Plot No. 188 Cadastral Zone E 12 of Orozo, measuring 875sqm.

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