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Reading: Court seizes multi-billion properties of Governor Bello days after dragging Buhari to Supreme Court on CBN’s new naira policy
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Politics

Court seizes multi-billion properties of Governor Bello days after dragging Buhari to Supreme Court on CBN’s new naira policy

Akan Anwankwo
Last updated: 2023/02/23 at 9:39 PM
Akan Anwankwo
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Court seizes multi-billion properties of Governor Bello days after dragging Buhari to Supreme Court on CBN’s new naira policy
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Multi-billion properties in Abuja, Lagos and Dubai linked to the Kogi state government have been ordered to be seized by Justice Nicholas Oweibo.

The Economic and Financial Crimes Commission (EFCC) presented a case about uncovering these assets and the judge has given a go-ahead for the seizure.

Counsel to the EFCC Mr, Rotimi Oyedepo told the court that the properties discovered by the EFCC were connected to the Kogi state government and suspected to have been acquired illegally. 

READ ALSO: “We’ll end Tinubu’s reign in Lagos” – Obi’s running mate Datti says

The court immediately called for the immediate seizure of N400 million traced to the state government’s account, The Nation.

Oyedepo also stated that Oyedepo further told the court that the N400 million was suspected to been got from unlawful activity “and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island, Lagos,” Sahara Reporters.

Justice Oweibo also directed the (EFCC) to publish the order within 14 days for any interested party to show cause why the forfeiture order should not be made permanent. 

Meanwhile, Kogi Governor Yahaya Bello was among the APC governors that filed a suit against the President Muhammadu Buhari administration and the CBN after disobeying the Supreme Court order on making the N1,000 and N500 notes a legal tender.

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Posted by Akan Anwankwo
Bio: Akan Anwankwo is a news editor and a graduate of English Language at the University of Lagos. He has more than a decade of experience in journalism and finds fulfilment in his career. Contact: Akan.Anwankwo [at] news.ng
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