National

EFCC Speaks On Real Owner Of 753 Duplexes Forfeited To FG – EFCC

E

News Update

THE Economic and Financial Crimes Commission (EFCC) is facing backlash from Nigerians for refusing to reveal the owners of a huge estate in Abuja forfeited to the Federal Government on Monday through a court order.

The estate, located at Plot 109, Cadastral Zone C09, Lokogoma District, has 753 duplexes and other apartments.

It was forfeited to the government after an investigation by the EFCC.

In a statement on December 3, 2024, the EFCC said it cannot name the owners because the forfeiture was done under a law that allows actions against properties, not individuals.

The anti-graft agency explained that a company linked to the estate denied owning it after public notices were issued.

As a result, the court ordered the estate’s forfeiture.

‘The allegation of a cover up of the identity of the promoters of the Estate stands logic on the head in the sense that the proceedings for the forfeiture of the Estate were in line with Section 17 of the Advance Fee Fraud Act which is a civil proceeding that allows for action-in-rem rather than action-in-personam.

“The latter allows legal actions against a property and not an individual, especially in a situation of an unclaimed property. This Act allows you to take up a forfeiture proceeding against a chattel that is not a juristic person. This is exactly what the Commission did in respect of the Estate”, EFCC said.

The commission said it is still investigating the case and argued it would be wrong to mention names when there is no proof directly connecting individuals to the estate’s documents.

The agency promised it would treat the case fairly and continue its fight against corruption.

Many Nigerians, however, are not satisfied.

Activist Omoyele Sowore and others have accused the EFCC of protecting powerful people involved in the estate.

On social media, Nigerians have called for the agency to be transparent and disclose the names of those behind the property.

The EFCC criticized the attacks, saying people should focus on fixing the flaws in the system that allow corruption instead of questioning its work.

Despite the EFCC’s explanation, the public is demanding more openness and action against those involved.

Meanwhile, findings by Sahara Reporters on Monday night revealed that the controversial Abuja estate was reportedly linked to former Central Bank of Nigeria chief, Godwin Emefiele.

VAM News

Recent Posts

Ondo Governor Appoints Ex-Councillor Aspirant, Hon. Akinro Racheal As Mobilization Aide

The Governor of Ondo State, Dr. Lucky Aiyedatiwa has appointed Hon. Akinro Racheal, former councillorship…

8 hours ago

Non-voters for Trump’s second-term win blamed

United States-based singer Rihanna has blamed voter apathy for President Donald Trump's second-term victory. Voice…

11 hours ago

Onion prices soar by 900% in Nigeria

THE price of onions in Nigeria has reportedly risen to N300,000 per 120-kilogram bag in…

14 hours ago

Japa: US to revise green card sponsorship requirements

THE United States government is moving to revise employment-based green card sponsorship requirements after completing…

16 hours ago

APC: Tinubu Never Promised Timeline To End Poverty In Nigeria

APC: Tinubu never release timeline to eradicate poverty in Nigeria during his campaign Nigerians he'll…

17 hours ago

Governor Bago’s Convoy Collides With Car, Four Dead

Four people have died in a road accident involving a vehicle in the convoy of…

20 hours ago