Ex-NDDC director, Tuoyo Omatsuli forfeits N1.8b properties to FG

A Federal High Court, Lagos, today, ordered the final forfeiture to the federal government, of properties worth N1.8 billion belonging to¬† a former Executive Director of the Niger Delta Development Commission (NDDC). Engr. Tuoyo Omatsuli. Justice Chuka Obiozor who presided over the court had issued an order of temporary forfeiture of the properties, on May 17, following an ex-parte application filed by counsel to the Economic and Financial Crimes Commission (EFCC), Mr Ekele Iheanacho. Omatsuli’s properties affected by the order are: Block 117 Plot 4, Lekki Peninsula Scheme, Plots 1-18…

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