News Today In the News

Court Orders Interim Forfeiture Of Assets Linked To Former Accountant General Of Federation

A Federal Capital Territory High Court yesterday ordered the interim forfeiture of $899,900 and N304, 490,160.95 recovered from a former Accountant General of the Federation (AGF) Ahmed Idris, by the Economic and Financial Crimes Commission (EFCC). 

The court also forfeited 15 properties recovered from Idris in Kano and Abuja. 

The properties linked to Idris which were listed in the Schedule for forfeiture include Kano City Mall/Al Ikhlas Shopping Mall at Mandwawarti, Kano; one-story Shopping Complex at Ladanai, Kano; Corner Shops at Ladanai, Kano; a duplex at Karsana, Abuja; Royal Duplex at Deneji Quarters, Kano and a Duplex at Plot 271, New Jersey Street, Efab Blue Fountain Estate, Abuja.  

Idris and others are being prosecuted by the EFCC on 14 counts of stealing and money laundering to the tune of N109 billion. 

Exit mobile version