Anti-corruption and elections / EFCC

Court To Hear Union Bank’s Claim to Ownership of Forfeited Ikoyi Flat Jan 2018

Justice Saliu Saidu of the Federal High Court sitting in Ikoyi, Lagos has fixed January 12, 2018 for the hearing of an application filed by Union Bank Plc., claiming ownership of Flat 7b, No 16, Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23, 218,000 were recently recovered by the Economic and Financial Crimes Commission, EFCC. The judge had, on November 9, 2017, ordered the interim forfeiture of the property owned by Mrs. Folashade Oke, wife of a former Director-General of the National Intelligence Agency, NIA, Ayo Oke. She was said to have purchased the property…