Court orders forfeiture of N449m found in BDC shop

The Federal High Court in Lagos on Wednesday ordered the temporary forfeiture of the sum of N449,750,000 found in an abandoned Bureau de Change shop in Victoria Island by the Economic and Financial Crimes Commission (EFCC). The forfeiture order was made by Justice Rilawan Aikawa following an ex parte application taken before him by the anti-graft agency. An investigator with the EFCC, Moses Awolusi, said in the affidavit filed before the judge that the shop numbered LS64, located on at Legico Shopping Plaza, at Victoria island, Lagos had not been…

Read More