• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Wednesday, April 29, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Why we withheld identity of seized Abuja estate’s owner – EFCC

Nathaniel Irobi by Nathaniel Irobi
December 4, 2024
in News
0
Why we withheld identity of seized Abuja estate’s owner – EFCC
0
SHARES
10
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Economic and Financial Crimes Commission (EFCC) has explained why it withheld the identity of the owner of seized estate landed property with 753 units duplexes in Abuja.

Its Spokesperson, Dele Oyewale, in a statement on Tuesday in Abuja, said it would be unprofessional to mention names of individuals whose identities were not directly linked to any title document of the properties.

RelatedPosts

NDLEA’s ‘Operation Sharar Mafaka’ Nets 52 Suspects

Court Blocks INEC from Recognising ADC Congresses Led by Caretaker Faction

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

Oyewale was responding to the criticisms that followed the EFCC record-breaking asset recovery of a 150,500-square-meter estate with 753 duplexes and other apartments in Abuja.

The EFCC had on Monday secured a judgment through Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, ordering final forfeiture of the property to the government.

It was alleged that the commission deliberately covered up the identity of the owners of the estate.

Oyewale explained that the company flagged by the EFCC investigations denied ownership of the estate located in Lokogoma District, Abuja.

According to him, the property was forfeited to the Federal Government after the successful court ruling on Dec 2.

Oyewale emphasized that the forfeiture was carried out in line with Nigerian law, specifically under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act.

He said that the forfeiture proceeding was a civil action involving the estate, rather than targeting an individual directly.

“The allegation of a cover-up of the identity of the promoters of the Estate stands logic on the head.

ALSO READ:  Sallah: Nigerian Traders Express Concerns Over Declining Sales

“This, in the sense that the proceedings for the forfeiture of the Estate were in line with Section 17 of the Advance Fee Fraud Act.

“This is a civil proceeding that allows for action-in-rem rather than action-in-personam.

“The latter allows legal actions against a property and not an individual, especially in a situation of unclaimed property.

“This Act allows you to take up a forfeiture proceeding against a chattel who is not a juristic person. This is exactly what the Commission did in respect of the estate.”

He said that the proceedings that yielded the final forfeiture of the Estate were products of actionable intelligence available to the Commission, adding that the company flagged by EFCC investigations denied ownership of the estate following publications made in leading national newspapers.

“On the basis of this, the Commission approached the court for an order of final forfeiture which Justice Jude Onwuegbuzie of the Federal Capital Territory High Court granted on Monday, Dec. 2.

“It will be unprofessional of the EFCC to go to town by mentioning names of individuals whose identities were not directly linked to any title document of the properties,” he said.

He urged Nigerians to gear up more against lapses and loopholes in the system that continue to make the nation vulnerable to corrupt tendencies.

He urged critics to focus on the systemic issues that allowed such corrupt activities to occur in the first place.

“The expectation of the EFCC from citizens is a patriotic appreciation of its efforts in securing such landmark forfeiture,” he said. (NAN

ALSO READ:  Ramatu Commends Tinubu/Shettima Group For Their Commitment To Better Nigeria
Tags: estate’s
Previous Post

Security operatives raid criminal hideouts, dislodge suspected IPOB members in Imo

Next Post

Sanwo-Olu signs Lagos electricity bill into law

Nathaniel Irobi

Nathaniel Irobi

Related Posts

NDLEA’s ‘Operation Sharar Mafaka’ Nets 52 Suspects

NDLEA’s ‘Operation Sharar Mafaka’ Nets 52 Suspects

by Nathaniel Irobi
April 29, 2026
0

The Kano Strategic Command of the National Drug Law Enforcement Agency (NDLEA) has arrested 52 suspects following the launch of...

Court Blocks INEC from Recognising ADC Congresses Led by Caretaker Faction

Court Blocks INEC from Recognising ADC Congresses Led by Caretaker Faction

by Nathaniel Irobi
April 29, 2026
0

The Federal High Court in Abuja has barred INEC from recognising any congress organised by a disputed caretaker leadership of...

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

by Nathaniel Irobi
April 29, 2026
0

The Nigerian stock market returned to bullish territory on Tuesday, delivering a N3.205 trillion gain for investors following a one-day...

Next Post
Sanwo-Olu signs Lagos electricity bill into law

Sanwo-Olu signs Lagos electricity bill into law

Godwin Ikuru Issues Public Apology to Dr. Paul and Dr. Becky Enenche for Defamatory Remarks

Godwin Ikuru Issues Public Apology to Dr. Paul and Dr. Becky Enenche for Defamatory Remarks

Recommended

Court Orders Senator Natasha to Pay N1bn for Defaming Yahaya Bello

Court Orders Senator Natasha to Pay N1bn for Defaming Yahaya Bello

5 days ago
It’s Time for an Igbo President, Says El-Rufai’s Son, Bashir

It’s Time for an Igbo President, Says El-Rufai’s Son, Bashir

1 hour ago

Popular News

  • Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    0 shares
    Share 0 Tweet 0
  • Arewa youths demand immortalisation of late Sharia court registrar Musa

    0 shares
    Share 0 Tweet 0
  • BREAKING: ICPC Rearrests El-Rufai, Returns Him to Custody

    0 shares
    Share 0 Tweet 0
  • Speaker Abbas’ Aide, Gaiya, Defects to ADC, Declares Kaduna-South Senate Ambition

    0 shares
    Share 0 Tweet 0
  • FG Names 48 Terror Financiers – Including IPOB, Ekpa, Mamu

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (832)
  • Education (273)
  • Entertainment (378)
  • Health (246)
  • National (3,290)
  • News (10,197)
  • Opinion (432)
  • Politics (2,089)
  • Science (15)
  • Security (420)
  • Sports (700)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform