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Africa Housing News > Blog > News > Court Orders Permanent Forfeiture of Accounts Linked to Oyo-Ita
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Court Orders Permanent Forfeiture of Accounts Linked to Oyo-Ita

Fesadeb
Last updated: 2019/09/27 at 7:31 PM
Fesadeb Published September 27, 2019
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A Federal High Court in Abuja has ordered the permanent forfeiture of funds allegedly linked to former Head of Service (HoS) Winifred Oyo-Ita.

Media reports have it that the particulars of the case were not read out in the open court when Folashade Ogunbanjo-Giwa, the judge, gave the order.

Oyo-Ita is embroiled in a N3 billion fraud allegation, which Economic and Financial Crimes Commission (EFCC) is investigating.

She has repeatedly denied any wrongdoing.

At the court on Thursday, M.S Abubakar, counsel to the EFCC, said the funds were voluntarily returned to the commission as proceeds of crime.

The counsel said no one has challenged the order of the court when it made a ruling for the temporary forfeiture of the funds.

According to him, the funds have been paid into an account domiciled in the Central Bank of Nigeria (CBN) as soon as it was returned by the suspect.

Source: Punchng

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Fesadeb September 27, 2019 September 27, 2019
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