Presidential Panel seals Nwaoboshi's properties in Delta, Abuja, Lagos

The Special Presidential Investigation Panel for the Recovery of Public Property has sealed assets and properties belonging to Senator Peter Nwaoboshi

The Presidential Panel carried out the action on the premise of last week’s ruling of a Federal High Court sitting in Abuja, which ordered an interim forfeiture of properties belonging to Nwaoboshi, who represents Delta North senatorial district.

Ruling in suit no FHC/ABJ/CS/1127/18 filed by the Special Presidential Investigation Panel for the Recovery of Public Property on behalf of the Federal Government, Justice Taiwo O. Taiwo, also placed a post-no-debit orderSen. Nwaoboshi asks Court to vacate order of asset forfeiture According to the ruling, 14 properties and 22 bank accounts linked to the senator are to be temporarily forfeited to the federal government.

Some of the properties sealed by the Presidential Panel are: Summing Electrical Company located at Asagba along Asaba Airport Road, Asaba, Delta State; PON filling station along Asaba Airport Road, Asaba, Delta State and a multibillion estate under construction at Maryam Babangida Road, Asaba, Delta State.

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