A Federal High Court in Lagos on Monday temporarily forfeited to the Federal Government the N35 million and a 22-room hotel seized from a convicted...
A Federal High Court in Lagos on Monday temporarily forfeited to the Federal Government the N35 million and a 22-room hotel seized from a convicted former acting Director-General of the Nigerian Maritime Administration and Safety Agency , Calistus Obi.
On June 3, 2019, another Federal High Court convicted and sentenced Obi to seven years imprisonment for a N136 million fraud, but with an option of N42 million fine. He described the La Diva Hotel as consisting of “22 rooms, lobby, bar, restaurant, kitchen, swimming pool, 350-seater hall, gymnasium and parking lot sitting on 3000 square metres.”He told the judge that the N35 million consisted of N7.5million in Zenith Bank and three N10 million deposits in Diamond Bank.According to him, “The property sought to be attached is reasonably suspected to be acquired and built using proceeds of unlawful activities diverted from the Federal Government of Nigeria.
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