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

Spokesperson, ICPC.

 

 

By TheInterviewsNigeria

Publisher/Editor -in Chief with more than a decade of working in the media production industry, Our preoccupation is Development News and rooting for innovation locally and internationally. We are British trained Business English PRO. We edit manuscripts for book publication, translation(English/Yoruba/French). We cross your 't's' and dot your 'i's. We are also into speech draftsmanship and photography; Business reports, and proposals, with minimal cost. Meeting the deadline is our watchword. We would cover your Social /Public events with precision. The proof of the pudding is in the eating. Call-08144956897, 08057355037 E-mail- theinterviewsng@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *