Connect with us

Latest News

Mystery Surrounds Ownership Of Abuja’s 753 Duplexes Seized By EFCC

Published

on

EFCC Asset Recovery 3

Mystery Surrounds Ownership Of Abuja’s 753 Duplexes Seized By EFCC

The Economic and Financial Crimes Commission (EFCC) has addressed criticisms, particularly from Omoyele Sowore, over its decision not to reveal the owner of 753 recovered duplexes in Abuja. The EFCC emphasized that its actions were consistent with the legal framework governing forfeiture proceedings and committed to professionalism...read more…

The EFCC’s spokesperson, Dele Oyewale, clarified that the forfeiture was conducted under Section 17 of the Advance Fee Fraud Act, which focuses on property rather than individual ownership. Investigations revealed no direct links between individuals and the estate’s title documents, making it unprofessional to prematurely disclose names.

The recovery followed actionable intelligence and a court order for final forfeiture. The flagged company associated with the property denied ownership after public notices were issued. The EFCC assured Nigerians that criminal investigations into the matter remain ongoing and reaffirmed its commitment to transparency and accountability in combating corruption.

Advertisement

For further context, see the original report by IReporteronline

For More Information And News Update, Join Ireporteronline WhatsApp Channel With Link Below: https://whatsapp.com/channel/0029VaV4jB6DuMRgwqnJCF32 For advertisement inquiries only, kindly send a message to 09010649814 on WhatsApp.
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Trending

0
Would love your thoughts, please comment.x
()
x