BIG LOOT: Ex-Chief of Air Staff Amosu To Lose Over N2Billion



The Federal High Court in Lagos has ordered the temporary forfeiture of N2.2billion recovered from former Chief of Air Staff Air Marshal Adesola Amosu.
Justice Mojisola Olatoregun made the order based on an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

The judge ruled: “An interim order is made forfeiting to the Federal Government of Nigeria the total sum of N2,244,500,000 found and recovered by the commission from the first respondent (Amosu) which sum is reasonably suspected to be proceeds of unlawful activity.”

The judge granted an interim order for the temporary forfeiture of N190,828,978.15 recovered from a former Nigeria Air Force (NAF) Director of Finance and Budget Air Commodore Olugbenga Gbadebo.

Justice Olatoregun also ordered temporary forfeiture of N101 million recovered from Solomon Enterprises, a company linked to Amosu.

EFCC said the sum “is reasonably suspected to be proceeds of unlawful activity.”

The judge directed EFCC to publish the interim order in The Nation and The Punch so that the respondents or anyone interested can show cause as to why the final order of forfeiture should not be made in favour of the Federal Government.

Justice Olatoregun adjourned till June 29 for the final forfeiture hearing. The trial continues today (Thursday) before Justice Idris.



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Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design & development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

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