By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Court Orders Forfeiture of Former Accountant-General Ahmed Idris’ $900,000, 15 houses
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Court Orders Forfeiture of Former Accountant-General Ahmed Idris’ $900,000, 15 houses
Court Orders Forfeiture of Former Accountant-General Ahmed Idris’ $900,000, 15 houses
News

Court Orders Forfeiture of Former Accountant-General Ahmed Idris’ $900,000, 15 houses

Fesadeb
Last updated: 2022/12/22 at 7:00 AM
Fesadeb Published December 22, 2022
Share
Court Orders Forfeiture of Former Accountant-General Ahmed Idris’ $900,000, 15 houses
SHARE

A court in Abuja has ordered the interim forfeiture of some assets of the Accountant General of the Federation, Ahmed Idris, who is standing trial for stealing N109 billion from the government.

The assets of Mr. Idris forfeited temporarily to the government include the sums of $899,900 and N304,490,160.95, according to top sources at the Economic and Financial Crimes Commission (EFCC).

They also include 15 properties in Kano and Abuja.

Affordable Housing: How AHCN Can Become Key Players 
Affordable Housing: How AHCN Can Become Key Players 

AHN learned that the Federal Capital Territory (FCT) High Court ordered the interim forfeiture of the assets on 13 December.

Over N30 billion worth of assets have been seized from Mr. Idris since his arrest in May, EFCC chair, Abdulrasheed Bawa, told State House reporters in Abuja on 15 December.

PREMIUM TIMES learned that the Federal Capital Territory (FCT) High Court ordered the interim forfeiture of the assets on 13 December.

Over N30 billion worth of assets have been seized from Mr. Idris since his arrest in May, EFCC chair, Abdulrasheed Bawa, told State House reporters in Abuja on 15 December.

“On the case of the former Accountant General of the Federation Idris Ahmed, we at the EFCC have recovered N30 billion from him,” Mr. Bawa said during the 62nd Ministerial Media Briefing organized by the Presidential Communications Team at the Presidential Villa, Abuja.

https://africahousingawards.com/
https://africahousingawards.com/

AHN reports that a judge of the FCT High Court, M.A Hassan, made the order of interim forfeiture of a batch of the assets of Mr. Idris in a ruling delivered on 13 December on a motion expert filed by the EFCC.

The EFCC, in the motion, marked M/1149/2022, prayed to the court for “an order of interim attachment/ forfeiture of the properties in the Schedule to the application, pending the hearing and determination of the substantive case in Charge No. FCT/ HC/CR/299/2022, Federal Republic of Nigeria V. Ahmed Idris and Others.”

The commission also sought an order approving the interim “management of the assets and properties in the Schedule to this application to the applicant”.

It also urged the court to make an order “to open an interest-yielding account where monies realized from the management of the assets and properties of the persons stated in the Schedule to this application shall be paid”.

It also prayed for an order “freezing the Bank Accounts of the persons referred to as account holders/ or the bank accounts set out in the Schedule to this application”.

All orders prayed for are to subsist “pending the hearing and determination of the substantive case.”

You Might Also Like

FG Tax Reforms Set to Ease Pressure on Property Market, Encourage Affordable Housing

Umuahia Children’s Centre Cries Out for Government Support as Conditions Worsen

Senate to Host National Security Dialogue as Violence Escalates Nationwide

FG Begins Overhaul of NYSC, Proposes Specialized Teachers and Medical Corps

Naira Strengthens Slightly Against Dollar in Both Official and Parallel Markets

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: Accountant General, Africa housing news, court, EFCC, Latest Housing News & Updates - Africa Housing News, nigeria, real estate, trending news
Fesadeb December 22, 2022 December 22, 2022
Share this Article
Facebook Twitter Email Print
2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?