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COURT ORDERS FINAL FORFEITURE OF ASSETS LINKED TO ALLEGED ILLICIT FUNDS IN NASARAWA

A Federal High Court sitting in Lafia, Nasarawa State, has ordered the final forfeiture of multiple properties and cash to the Federal Government following an application by the Economic and Financial Crimes Commission (EFCC).

Delivering judgment, Justice M.O. Olajuwon ruled that the anti-graft agency had provided sufficient and compelling evidence to establish that the assets in question were proceeds of unlawful activities.

The court held that the properties and funds were allegedly linked to one Theophilus Oloche Ebonyi, whose financial dealings were investigated by the EFCC. According to the ruling, the evidence presented demonstrated a clear connection between the assets and illicit financial activities.

Justice Olajuwon consequently granted the EFCC’s application for final forfeiture, directing that the affected properties and cash be permanently forfeited to the Federal Government of Nigeria.

The ruling marks a significant step in the ongoing efforts by authorities to combat corruption and recover proceeds of crime, reinforcing the judiciary’s role in supporting anti-corruption initiatives in the country.

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