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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N179.8m fraud: Court grants bail to PDP deputy chairman, 2 INEC officials

A Federal High Court, in Lagos, Tuesday, August 7 granted bail to Peoples Democratic Party, PDP, Deputy National Chairman, (South)  Yemi Akinwonmi and two senior officials of the Independent National Electoral Commission (INEC) arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged N179.8 million fraud.  The court presided over by Justice Chuka Obiozor, admitted the defendants: Yemi Akinwonmi, Dickson Atiba and Ogunmodede Oladayo  to bail in the sum of N50 million each with one surety in like sum. However, consequent upon an undertaken by their lawyer, Chief Edward…

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