A Federal High Court sitting in Lagos, has ordered the final forfeiture of a sum of 1.83 billion Naira traced to one Chukwuka Onwucheka and his company, Aquila Leasing Ltd.
The sum which has been linked to a Former Chief of Naval Staff is to be forfeited to the Federal Government of Nigeria.
Justice Muslim Hassan gave the order for the final forfeiture of the money on Thursday, after holding that “The EFCC, having complied with the provisions of section 17 of the Advanced Fee Fraud Act, as well the EFCC Act, and the fact that the property is unclaimed, it was appropriate to make the order”
Prior to the judgment, the EFCC had claimed that the money was traced to Mr Chukwuka Onwucheka and his company, the account of Aquila Leasing Ltd, after it was fraudulently diverted from the Nigerian Navy under the leadership of Admiral Dele Ezeoba.
On March 15, Justice Hassan acting on an exparte application filed by the Economic and Financial Crimes Commission (EFCC) prosecutor, Rotimi Oyedepo, had granted an order of interim forfeiture of the sum.
The judge had equally ordered the commission to do a publication of same in a national newspaper for the knowledge of interested parties.
With no contending interests, the court thereafter, ordered a final forfeiture of the money.
SOURCE: Channels Tv