Vero RecordArchive

Anti-corruption and elections / EFCC

Court Orders Interim Forfeiture Of N204.2m Ikoyi Property

Justice Chuka Austin Obiozor of the Federal High Court, Lagos has ordered the interim forfeiture of a property worth the sum of N204, 200,000 (Two hundred and Four Million, Two Hundred Thousand Naira) only to the Federal Government. The property, which is located at 20, Cameron Street, Ikoyi, Lagos, was recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC. The judge gave the interim forfeiture order, following an ex-parte application filed by the Commission. The respondent, was alleged to have sold 3.02 hectares of land belonging to a company, Industrial Su…

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