Business
Court Orders Forfeiture Of N339m Hotel To FG
Justice Adeniyi Ademola
of the Federal High Court in FCT has ordered the forfeiture of Brifina Hotel, Abuja, valued at N339 million, to the Federal Government
Mr Wilson Uwujaren, spokesman for the EFCC, made this known at a monthly news conference in Abuja.
He said the property was acquired by former Director of Pensions Account, Office of the Head of Civil Service of the Federation, Shuaibu Teidi.
He said Teidi was one of the accused persons charged with 22 counts bordering on obtaining money by false pretence, conspiracy to commit fraud and concealing N18.3 billion.
“The property on plot 1106, Cadastral Zone B02, Durumi District, Abuja, was acquired by Teidi through his company, Badawulu Ventures for N339 million with proceeds of crime.
“The accused denied ownership of the property against claims by the original owner that he sold the property to Teidi.
“Justice Adeniyi Ademola of the Federal High Court consequently granted the final request brought to the court by the EFCC”, he said.
Uwujaren added that the commission had earlier secured an interim forfeiture order on the property from Justice Adamu Bello.
He stated that the commission had stepped up investigation into cases of alleged corruption in the judiciary adding that some prominent judiciary officials had been quizzed by the commission.
Uwujaren said the outcome of investigations would be made public at the appropriate time.
Uwujaren also disclosed that the commission had declared one Seun Ogunbambo, a suspect in the oil subsidy fraud, wanted.
This followed the suspect’s failure to appear for trial after securing bail.
He faulted media reports on property recovered from former Governor Dieprieye Alamiyeseigha of Bayelsa,.
He said the assets, which included Chelsea Hotel, Abuja, was handed over to the then governor of the state, Timipre Sylva by the former chairman of the commission, Mrs Farida Waziri.
“In all, assets valued at N3.1 billion, $441,000, €7000 and £2,000 were returned to Bayelsa Government.
“The commission acted professionally in the management and return of these assets in line with the order of a Federal High Court in Lagos which convicted the now pardoned former governor”, he added.