secures final forfeiture of Abuja estate — ‘largest ever’ single asset recovery
The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of an estate located in the federal capital territory (FCT).
Jude Onwuegbuzie, a judge of the FCT high court, delivered his verdict in favour of the EFCC on Monday.
In a statement, Dele Oyewale, spokesperson of the anti-graft agency, said the estate, which measures 150,500 square metres and contains 753 Units of duplexes and other apartments, is the largest single asset the EFCC has recovered since it was set up In 2003. The individual who forfeited the property was not mentioned, but Oyewale said it belonged to a “former top brass of the government”.