Stella Dimoko Korkus.com: Former Air Force Chief Ebong Forfeits N510 Million To FG

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Tuesday, May 12, 2020

Former Air Force Chief Ebong Forfeits N510 Million To FG

A Federal High Court in Abuja has granted an order of interim forfeiture of N510million contained in an account belonging to a company – Elioenai International College, allegedly owned by former Commander of the Presidential Air Fleet (PAF), Air Vice Marshal (AVM) Uko Etim Ebong.






Justice Ahmed Mohammed granted the order in a ruling on Monday on an ex-parte application filed and argued by lawyer to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho.

The EFCC claimed that the money formed part of the N731million allegedly paid to AVM Ebong, through a company with which he allegedly has a link – Magnificent 5 Ventures Limited, from the office of the National Security Adviser (ONSA) without any contractual agreement.

According to the EFCC, AVM Ebong was the Commander PAF between 2013 and July 2015.

In the ruling on Monday, Justice Mohammed said he was convinced that the EFCC has made out a case to warrant the grant of the interim forfeiture order.

The judge said: “An order is hereby made for the interim forfeiture of the sum of N510,000,000 in Sterling Bank account No: 0029581583 recovered by the applicant, which funds are reasonably suspected to be proceeds of unlawful activities.”

From The Cable

10 comments:

  1. Replies
    1. Its even more than that..There must have been an agreement of some sort. Nigeria is a huge conspiracy

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    2. Go check former Chief of naval staff. Ola Sahad . He has that kind of money that he stole too. Thank me later.

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  2. Ewwwwoooo, good riddance to bad rubbish

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  3. Distraction tactics, the defence contracts this year that have been siphoned... will make this look like chicken change. Let the wheels of justice work for all

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  4. Our leaders with looting of money is like 5 & 6.

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  5. So the Northern elites in the army did not loot, why is it only the southern officers that are "forfeiting?" 😏😏😏

    ReplyDelete

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