Federal High Court
in Lagos has 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 exparte
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
opened for two years.
Awolusi said the money
was found on April 7, 2017
in several “Ghana Must Go”
sacks, adding that the EFCC
recovered the money after
investigating intelligence
information received on one
Mohammed Tauheed.
According to the
investigator, Tauheed
allegedly conspired with the
owner of the abandoned shop
to launder the money.
Awolusi said Tauheed had
earlier been brought to the
EFCC office by the Chairman
and Vice -Chairman of Legico
shopping Plaza, Sulaiman
Daba and Alhaji Ishaq
Ayandiran , respectively .
He said during the visit,
Tauheed told the anti -graft
agency that he received the
money in cash from a serving
government official, whose
name was not disclosed for
security reasons.
He said Tauheed, in the
presence of his lawyer, later
agreed to return the money
to the Federal Government,
which is the rightful owner of
the funds strongly suspected
to the proceeds of criminal
activities of the unnamed
serving government official.
The EFCC said it would be
in the interest of justice for the
court to order the temporary
forfeiture of the money to the
Federal Government.
After entertaining the
application yesterday, Justice
Aikawa ordered that the
N449, 750, 000 should be
temporarily forfeited to the
Federal Government.
He ordered the EFCC to
advertise the order in a
national newspaper and gave
14 days for any interested
party to appear in court to
give reasons why the money
should not be permanently
forfeited to the Federal
The judge adjourned the
matter till May 19.

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