A Federal High Court on Friday in Lagos ordered the final forfeiture of the N449.6 million found in an abandoned Bureau de Change at Victoria Island to the Federal Government. The money was recovered in Lagos by the Economic and Financial Crimes Commission (EFCC). The forfeiture order was made by Justice Mohammed Aikawa, following a motion on notice taken before him by the anti-graft agency. (more…)
The Federal High Court sitting in Abuja has granted bail to the former National Chairman of the Peoples Democratic Party, PDP, Dr. Haliru Bello and his son, Abba, to the tune of N600m. Justice Ahmed Mohammed ordered the duo to pay N300 Million each, as well as produce two sureties each, in like sum. Whereas the court maintained that one of the persons to stand surety for Bello must be a Director under the employment of the federal government or any of its agencies, the son was asked to produce someone not below grade level 12 to stand surety for him. (more&hellip
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