Vero RecordArchive

Anti-corruption and elections / EFCC

Alleged N3.5bn Paris Club Fraud: Supreme Court Delivers Judgment June 7

The Supreme Court of Nigeria, Abuja has reserved judgment till June 7, 2024 the final forfeiture suit of N1,222,384,857.84 (One Billion, Two Hundred and Twenty Two Million, Three Hundred and Eighty Four Thousand, Eight Hundred and Fifty Seven Naira, Eighty Four Kobo) brought before it by Melrose General Services Limited. The appellant is challenging the judgment of the Court of Appeal ordering the forfeiture of the money to the Federal Government of Nigeria, being proceeds of an unlawful activity in the Paris Club fund involving Melrose General Services Limited. At the resumed session of the c…

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