HomePoliticsPoliticsEFCC Finally Marks, Confiscates 40 Of Ekweremadu’s Properties

EFCC Finally Marks, Confiscates 40 Of Ekweremadu’s Properties

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Fresh reports hitting the desk of The Eastern Updates has revealed that the Economic and Financial Crimes Commission (EFCC) has finally secured the nod of a Federal High Court sitting in Abuja to fully publish an order of interim forfeiture of 40 landed properties which are belonging to the former Deputy Senate President, Senator Ike Ekweremadu.

Justice Inyang Ekwo made the order while ruling on a motion exparte brought by the EFCC in Suit No.FHC/ABJ/CS/1242/2022.

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The schedule of properties attached to the forfeiture application listed properties allegedly acquired by Ekweremudu include among others, a London property at Flat 4, Varsity Court, Hormer Street ( WIH4NW), three properties in Florida, United States, a property of approximately 3000 square meter parcel of land consisting of 7 bedroom detached Boys Quarters, swimming pool, enclosed 3 car garage with roller shutter doors, gate house and generator house at No.6 Ilado Close, Ikoyi, Lagos bought for N630million on August 8, 2015; three blocks of six flats each, totaling 18 luxury flats at Plot 904 Durumi, Abuja acquired for N700million and Four Rootown House at Villa No. 148 Maeeni the Lahes Emirate Hill Dubai valued at $250,00 USD.

Justice Inyang Ekwo following an ex -parte motion filed and moved by Ibrahim Buba, lawyer to the Economic and Financial Crimes Commission (EFCC).

It had also been reported that that Ekweremadu and his wife, Beatrice, are currently in custody in the United Kingdom (UK), over some allegations which are bordering on organ trafficking of David Ukpo, who is said to be a minor.

Justice Ekwo, who had granted the motion, ordered the anti-graft agency to publish the interim forfeiture order of the property in a national daily within seven days.

The judge direct anybody who had interest in the forfeited property to indicate within 14 days of the publication of the interim forfeiture order on why the property should not be permanently forfeited to the Federal Government.

Justice Ekwo then adjourned the matter until Dec. 5 for a report.


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