- The sum of N510 has been fortified to the Economic and Financial Crimes Commission (EFCC)
- The money was returned by Rear Admiral, Tahir Yusf (retd) a former director of Navy account, after a motion filed by Elizabeth Alabi on behalf of the EFCC
Rear Admiral, Tahir Yusf (retd.), a former director of Navy accounts, has temporarily forfeited the sum, which is in naira, dollars and pounds, totaled at N510m to the Economic and Financial Crimes Commission (EFCC), The Punch reports.
Legit.ng gathered that Justice Ijeoma Ojukwu of a Federal High Court sitting in Abuja granted the interim forfeiture order after a motion was filed by Elizabeth Alabi on behalf of the EFCC.
In February the court had granted an ex parte motion filed by the commission seeking the freezing of the seven accounts.
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The EFCC approached the court again in November seeking the permanent forfeiture of the funds which was allegedly stolen from the Nigerian Navy.
Granting the prayers of the EFCC, the court said that the order be published in a national newspaper and on the website of the commission.
The judge adjourned till November 28 for further proceedings.
Legit.ng previously reported that a Federal High Court sitting in Abuja, presided over by Justice Ijeoma Ojukwu ordered the interim forfeiture of N377 million to the government of the federation, according to a statement by the Economic and Financial Crimes Commission (EFCC).
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The agency gave a breakdown of the various amounts to include N357,206,311.15, $91,955.38 (N33, 411,987.32) and £15,050 (N7,040,841.5).
It added that the monies were stashed in two commercial banks and believed to be proceeds of pension fraud.
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Source: Legit.ng
