A Federal High Court in Abuja had ordered the final forfeiture to the Federal Government of N120million traced to a primary school teacher Mrs Roseline Egbuha and her accomplices, by the Independent Corrupt Practices and other Related Offences Commission-ICPC.
The forfeited money and cars, firm part of the N540m proceeds of crime trace to Mrs Egbuha,a teacher with Ozala Primary School,Abagana,Anambra State .
Mrs Egbuha,who was on a monthly salary of N76,000 as at the time of arrest in 2020 by the ICPC,had N540m statshed in her bank account with Guarantee Trust Bank.
Further investigations by ICPC revealed the alleged complicity in money laundering thereby promoting the Commission to place a Post-No-Debt (PND) on her account.
However, the PND was lifted by Egbuha and get accomplices with a court order originating from a Federal High Court ,Abuja,and the money promptly split and moved into multiple bank accounts owned by Bureau -de-change operators and private individuals.
The acconpluxes-one James Erebouye,Emon Okune,Chison Unueke,Alonge Ojo, Maureen Chidimma,Owoyemi Mayowa,and Ejeaka Ifeoma, including two Private companies ,were charged to court for involving in fraudulent activities and warehousing proceeds of crime by the commission.
Counsel to ICPC,Adeshina Rajeev. In a motion exparte filed in 2021 before Justice D.U. Okorowo,alleged that the funds were proceeds of unlawful activities statched away in six new generation banks by Egbuha and her associates. He prayed the court to order the final forfeiture if the money and cars to the Federal Government.
Justice Okorowo,after taking arguments from counsel to ICPC and the respondent,ruled that monies found in seven individual bank accounts and that of two Private companies and the items should be forfeited to the Federal Government.
The forfeiture order in life N30.8million in Polaris Bank account of Dorason Construction Limited,N17.4million traced to a Sterling Bank account of James Erebouye and N16.4million found in the Zenith Bank account of Dybako and Sons Nigeria Limited.
Another accomplice,Ojo Alonge will also forfeit to the Federal Government,N14.1 traced to two separate accounts with with First Bank and Ecobank respectively.
Owoyemi Mayowa on her part forfeited N7.1million held in Zenith Bank.
Also, the final forfeiture order in life the sum of N8.2million,N9.7million,N6.5million and N122,100 kept in different bank accounts,by Emon Okune,Chison Iwueke,Maureen Chidimma and Ejeaka Ifeoma respectively..
Other items forfeited by the respondents are a Toyota Lexus and Venza Sport utility vehicles.
Signed -Mrs Azuka Ogugua