A Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of a four-bedroom duplex linked to an ongoing investigation into foreign exchange fraud and money laundering to the Federal Government.
The Economic and Financial Crimes Commission, EFCC made the disclosure saying the property, located at No. 21A, Victory Estate, Ago Palace Way, Ojo Peter Street, Lagos State, is linked to Chidiebere Onyeoma Okeke, who is under investigation for alleged foreign exchange fraud and money laundering.
The commission disclosed that Justice Dipeolu granted the order after considering the application presented by the agency’s counsel in court.
Justice Dehinde Dipeolu delivered the ruling on Friday, granting the final forfeiture order following a motion on notice filed by the Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, through its counsel, H.U. Kofarnaisa.
According to the anti-graft agency, the application was part of efforts to recover assets believed to be proceeds of unlawful activities.
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