Flank Power Resources Limited and GMFD Ventures Limited allegedly collected money and abandoned contracts.
In a statement on Monday signed by its spokesperson, Dele Oyewale, the EFCC said Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos gave the order on June 29.“After we got the interim forfeiture from the court of the said amount for corrupt practices, the court-mandated us to publish it on national newspapers within 14 days,” Mr Oyewole said later in a phone interview with PREMIUM TIMES while explaining the grounds for the final forfeiture.
“If anyone has an objection to the ownership of the properties, he should come up before it is being forfeited to the government. So after 14 days, nobody came up. The court then granted a final for forfeiture,” he added. He said the order followed an affidavit asking the court for the forfeiture of the sum to the federal government of Nigeria, being proceeds of unlawful activity, traced to some contractors’ accounts with Zenith Bank.The two chambers of the National Assembly had, a few weeks ago, held investigative hearings on allegations of corruption in the commission.
“It was discovered that between 2018 and 2019, Flank Power Resources Limited received the funds from the NDDC, through its account number:1015642852, while GMFD received through account number: 1014657819 both of which are domiciled in Zenith Bank Plc for desilting contracts which aside from being inflated, were not executed but diverted and laundered.
“The sum of N616, 679, 098.32 recovered from Flank Power Resources Limited was facilitated through 62 Zenith Bank drafts in favour of the EFCC Recovered Funds Account with the Central Bank of Nigeria, CBN, while the N211million from GMFD came through 22 Zenith Bank drafts in favour of the same account,” the EFCC said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Again, EFCC to arraign Adoke for money laundering
Read more »
Malabu Scandal: Judge chides EFCC over delay in filing amended charges against AdokeJustice Ekwo refused EFCC's request for a stand down and adjourned the matter to August 4, for the continuation of trial.
Read more »
Alleged Money Laundering: EFCC Files Amended Charges Against Ex- AGF AdokeAlleged Money Laundering: EFCC Files Amended Charges Against Ex- AGF Adoke
Read more »
APGA chief to EFCC: ‘Don’t kill TA Orji and son’s corruption case’Iheoma described the alleged looting of the state by Orji and his family as completely mindless, which is greatly manifested in the grievous under-development of the state as is glaring in all the nooks and crannies of the oil producing state.
Read more »
Akeredolu denies exposing Mimiko to EFCC|p style=
Read more »
Akeredolu denies reporting Mimiko to EFCC - The Nation NigeriaONDO State Governor, Oluwarotimi Akeredolu, has debunked social media reports that he had concluded plans to drag his predecessor
Read more »