Court orders interim forfeiture of N30.7m in NNPC fraud case

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The Federal High Court in Abuja on Monday granted the Economic and Financial Crimes Commission’s request for an interim forfeiture order of N30.7 million, said to be linked to alleged fraudulent activities involving officials of the Nigerian National Petroleum Company Limited.

Justice Emeka Nwite, in a ruling on an ex-parte application filed by the EFCC, held that the commission had shown sufficient grounds to justify the temporary forfeiture of the funds to the Federal Government.

The judge directed that the order be published in a national newspaper, giving interested persons 14 days to “show cause why the funds should not be permanently forfeited.”

The case was adjourned until January 22 for the EFCC to file a compliance report on the publication. Punch