The Federal High Court sitting in Abuja has ordered the final confiscation of the sum of 775 million Naira and three properties located in the scholarly quarters of Abuja to the Federal Government.
The Economic and Financial Crimes Commission (EFCC) obtained on Monday, November 21 the final confiscation for the benefit of the federal government.
The properties are located at No. 8 Ajayi Crowther Street, Asokoro, Abuja; a plot of land in Plot 1960, Cadastral Area A05, Maitama District, FCT, Abuja; a hotel under construction with generator, located at Plot 621, Road 37, Gwarimpa, FCT, Abuja and a 4 bedroom twin duplex with guardhouse located at Plot 736, 7th Avenue Gwarimpa, FCT, Abuja.
The money and assets are believed to be the proceeds of the illicit activities of a former Federation Accountant General, Jonah Otunla, and Col. Bello Fadile, assistant to former National Security Adviser, Col. Sambo Dasuki.
Filing a motion for final confiscation of the assets on Monday at a Federal High Court in Abuja, EFCC lawyer Christopher Mshelia advised the court that the assets recovered by the Commission as part of a fraud investigation contractor to the Office of the National Security Advisor (ONSA) under Sambo Dasuki, were the product of the illegal activities of Colonel Bello Fadile and Jonah Otunla.
The N775 million was repaid by Otunla and Otunba Ade Adelakun (late) during the investigation, while the land holdings to be confiscated are “reasonably suspected to be the proceeds of illegal activity received, kept, concealed and converted by defendants from the office of National Security Adviser to the President”.
On July 20, 2020, the Commission had obtained an interim asset forfeiture order and also issued the court order on August 11, 2022, for the respondent to justify why the money and property should not be permanently forfeited to the benefit of the federal government. Government.
The trial judge, Judge Donatus Okorowo, in granting the final forfeiture, said the court was satisfied with the evidence before it and ordered the final forfeiture of the assets to the Federal Government of Nigeria.