Crime
EFCC: Former NDDC MD Forfeits N250 Million To FG
A former Managing Director of the Niger Delta Development Commission ( NDDC), has forfeited a sum of N250,000,000 to the Federal Government.
This is according to a statement released by the Economic and Financial Crimes Commission on Friday.
However, the EFCC did not reveal the name of the former Managing Director in the statement.
Justice Rilwan Aikawa of the Federal High Court sitting in Lagos, recently granted the final forfeiture of the money, based on an application for final forfeiture of the fund by the Lagos zonal office of the EFCC, the statement, signed by spokesman Dele Oyewale, said.
An investigation by the Commission revealed that a contractor with the NDDC received funds for a purported contract and transferred N250 million, suspected as kickbacks, to a real estate company, for the acquisition of a property in favour of the former MD of the NDDC.
The EFCC, “armed with enough facts and figures involved in the transaction, approached the court for the forfeiture of the money to the government.
“Justice Aikawa granted the order of final forfeiture accordingly.”
(CHANNELS TV NEWS)
Senator Ede Dafinone: A Quintessential Legislator Building A Transformational Legacy In Delta Central
Ereyitomi Turbanned Madugu Of Arewa Warri
State Government Begins Institutional Needs Evaluation At Delta State Polytechnic, Otefe-Oghara
TETFund Board Member, Aboh Uduyok, Commends Tinubu, Commissions Key Projects At Delta State Polytechnic, Otefe-Oghara
Indigenous Contractors Lauds Oborevwori’s Release Of N8.3Bn Lifeline To Settle DESOPADEC Contract Debt
DELSU: Faculty Of Science To Hold 8th International Conference Nov. 12-14
Facts, Not Rhetoric: Setting The Record Straight On Senator Nwoko In Response To Bruno Amamosa’s Article
DELSU Gives Deadline For Payment Of Acceptance Fees, Announces Resumption Dates For Fresh, Old Students
DELSU: Caleb Ivworin Elected President Of PGSAN
Rejoinder To Mr. Oritsegbubemi A. Edema’s Statement On The Urhobo Renaissance Society’s Appeal For Peace In Warri
BREAKING: ODA Executives Remanded In Keffi Correctional Centre Over Alleged Cyber Bullying, False Publications
BREAKING: Police Force Headquarters Operatives Arrest ODA President General, Izu Osamor
DSS Commended Over Arms Interception In Delta, Urged to Intensify Crackdown On Criminal Networks In Sapele, Environs
Delta NAPPS Presents 31 Awards To Members, Others
-
Education17 hours agoDELSU: Faculty Of Science To Hold 8th International Conference Nov. 12-14
-
Education22 hours ago
Fresh Crisis Brews At Ogwashi-Uku Polytechnic, As Governing Council “Illegally Appoints” Ogonwa As Acting Deputy Rector
-
News20 hours ago
It Will Take Industrial Revolution, Not Just Infrastructural Development To Revitalize Warri To Former State
-
News21 hours ago
Delta Poly Rector Underscores Importance Of Conferences
-
News19 hours ago
Oborevwori Moves To Rebrand Delta Media Outfits In 2026 Budget — Aniagwu
