Connect with us

Crime & Court

EFCC invites bids for forfeited properties

Published

on

The Economic and Financial Crimes Commission, (EFCC) has concluded plans to conduct the sale of properties which are subject to Final Forfeiture Orders.

EFCC on Saturday, December 24, 2022, publicly announced the commencement of the auction exercise with advertorials in major newspapers inviting bids for the properties.

 

It added that interested persons or organizations have until noon Monday, 9th January 2023 to submit their bids.

The properties consisting of 61 Units of Luxury Apartments, Plots of Land and Apartments across the country are being offered for sale in accordance with the Economic and Financial Crimes Commission (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.

The distribution of the properties is 24 Units of a luxurious block of flats at Banana Island, Lagos; 21 Units of Luxury Terrace and Block of Flats at Thornburn, Yaba, Lagos; 16 Units of 4 Bedrooms Terrace Duplex at Heritage Court Estate, Port Harcourt.

Others are Apartments and Plots of Land in Lagos State; Apartments and Plots of Land within Abuja Metropolis; Plots of land and Apartment in Anambra, Ebonyi and Gombe States; Apartments and Plot of Land in Kaduna, Delta and Edo States; Hotel, Plaza and Apartments in Kwara State and Apartments and Plots of land in Cross River, Osun and Oyo States.

ALSO READ  Buhari was cloned in London, current Nigerian president is fake – Asari Dokubo

The auction is open to members of the public except for individuals/corporate entities who have been / or are being prosecuted by the EFCC; Directors of such companies and employees of the EFCC.

A competitive bidding process is being adopted for the disposal of the properties. The bid forms which can be downloaded from the EFCC website www.efcc.gov.ng must be submitted alongside 10% of the bid amount in Certified Bank Drafts payable to the Economic and Financial Crimes Commission.

If the sum exceeds N10 million, multiple Certified Bank Drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded.

A successful bidder will be required to pay the 90% outstanding balance of the bid price within 15 working days of the bid submission deadline, failing which the 10% deposit becomes non-refundable and the properties can be offered to other buyers.

Payments shall be made to EFCC through the Remita platform.

Individuals occupying any of the properties listed may be given the Right of First Refusal provided they have a valid tenancy agreement; have paid rent up to date and must complete an Expression of Interest (EOI) Form which can be downloaded from the EFCC website: www.efcc.gov.ng

Bids for properties must be sealed and submitted in the designated box at the following address: Economic and Financial Crimes Commission, Plot 301/302 Institutions and Research District, Jabi, Abuja.

ALSO READ  Cambodia PM unveils plan to favour son on path to power

The deadline for the submission of all bids is noon Monday, 9th January 2023.

Comments

Crime & Court

Judgment Reserved in Baba Ijesha’s Sexual Assault Appeal

Published

on

By

The Lagos Division of the Court of Appeal has reserved judgment in the appeal filed by Nollywood actor, Olanrewaju James, widely known as Baba Ijesha, challenging his conviction by a State High Court over the sexual assault of a minor.

 

A three-man panel of the appellate court, led by Justice Folasade Ojo, reserved the appeal for judgment today after hearing arguments from both sides.

 

Baba Ijesha, in his notice of appeal, sought to overturn the judgment of the lower court, which on July 14, 2022, sentenced him to five years imprisonment for sexual assault on a minor.

 

Justice Oluwatoyin Taiwo (rtd) of the Lagos Domestic Violence and Sexual Offences Court convicted Baba Ijesha after finding him guilty of four out of six counts brought against him by the Lagos State government.

 

The counts included indecent treatment of a child and sexual assault, among others. However, he was acquitted of sexual assault by penetration.

 

In response to the conviction, Baba Ijesha’s counsel, Kayode Olabiran, argued that the prosecution failed to prove the allegations and claimed his client was set up, citing circumstances surrounding the incident.

 

Olabiran emphasized that Baba Ijesha’s confession was made under duress and urged the appellate court to set aside the lower court’s judgment.

ALSO READ  Guber Poll: Anambra deputy governor, Okeke joins APC

 

On the other hand, the Director of Public Prosecution, Dr. Babajide Martins, urged the court to dismiss the appeal, asserting that the conviction was valid and supported by evidence.

 

Dr. Martins also reiterated the victim’s age at the time of the incident, emphasizing her status as a minor under the law.

 

Following the arguments presented, the Court of Appeal reserved its judgment for a later date, leaving both parties awaiting the final decision on Baba Ijesha’s appeal.

Continue Reading

Crime & Court

Ex-Kogi Governor, Yahaya Bello Alleged of Withdrawing $720,000 for Child’s School Fees

Published

on

By

Recent developments have shed light on the ongoing investigation into the actions of the former Governor of Kogi State, Yahaya Bello, by the Economic and Financial Crimes Commission (EFCC).

According to the anti-graft agency, Bello is alleged to have withdrawn $720,000 from the state’s accounts to prepay his child’s school fees just before leaving office on January 27, 2024.

Speaking to journalists at the EFCC headquarters in Abuja, Chief Ola Olukoyede revealed that Bello transferred the funds from the state coffers to a Bureau de Change operator for this purpose.

Olukoyede expressed incredulity at the move, highlighting the disparity between such actions and the socio-economic conditions in a state like Kogi.

“A sitting governor, because he knew he was leaving office, moved money directly from the government to Bureau de Change (and) used it to pay his child’s school fee in advance,” Olukoyede stated, emphasizing the sum involved and the implications for governance and accountability.

Olukoyede emphasized his commitment to ensuring the thorough prosecution of Bello, asserting that he would resign as EFCC chairman if the ex-governor is not brought to justice.

Also, he pledged to hold accountable those who obstructed the arrest of Bello during a recent operation at his residence in Abuja.

ALSO READ  Guber Poll: Anambra deputy governor, Okeke joins APC

The EFCC is pursuing charges against Bello relating to alleged money laundering, breach of trust, and misappropriation of funds totaling N80.2 billion.

Despite potential challenges and attacks against the agency, Olukoyede affirmed his resolve and that of his team to uphold the rule of law and combat corruption in Nigeria.

Yahaya Bello served as the governor of Kogi State from January 27, 2016, until January 27, 2024, when he handed over leadership to Usman Ododo of the All Progressives Congress (APC). Efforts by EFCC operatives to apprehend Bello on April 17, 2024, were reportedly thwarted when Ododo intervened and allegedly facilitated Bello’s escape.

In response, the EFCC declared Bello wanted and warned against any further obstruction of its operations, a stance supported by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, who urged Bello to surrender himself to the authorities.

Continue Reading

Crime & Court

EFCC Declares Yahaya Bello Wanted for Alleged N80.2 Billion Financial Crime

Published

on

By

The Economic and Financial Crimes Commission (EFCC) has declared Yahaya Bello wanted for an alleged financial crime to the tune of N80.2 billion,” Nigeria’s anti-corruption agency announced.

“Former Kogi State Governor, Yahaya Bello, is wanted by the EFCC for offences relating to economic and financial crimes to the tune of N80.2 Billion,” the EFCC stated in a Thursday evening Facebook post titled ‘Ex-Gov Yahaya Bello Wanted By the EFCC.’

“Anybody with information as to his whereabouts should report immediately to the Commission or the nearest police Station,” the statement continued.

This declaration follows the absence of the chieftain of the ruling All Progressives Congress (APC) from the Federal High Court in Abuja earlier in the day for a suit instituted against him by the EFCC.

Consequently, Justice Emeka Nwite adjourned the suit and called for substituted service and the possible arraignment of Bello for alleged money laundering.

 

Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending