Ex-NAF Chief to Forfeit N510m to FG

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The Federal High Court, Abuja, has granted an order of interim forfeiture of N510million allegedly owned by the former Commander, Presidential Air Fleet (PAF), AVM Uko Ebong.

This is coming on the heels of a recent judgment by a Federal High Court in Lagos which approved the Federal Government’s request to temporarily seize 12 landed properties linked to a former Director of Finance at the Nigerian Air Force, Air Vice-Marshal Jacobs Adigun.

Justice Ahmed Mohammed granted the order while ruling on an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC).

The EFCC’s counsel, Ekele Iheanacho, had submitted that the money was kept in an account belonging to Elioenai International College, owned by the ex- Nigeria Air Force (NAF) officer.

According to Iheanacho, the money formed part of the N731million allegedly paid to Ebong through a company with which he allegedly has a link, Magnificent V Ventures Limited, from the office of the former National Security Adviser (ONSA) without any contractual agreement.

He said the defendant was the Commander PAF between 2013 and July 2015.

The judge said he was convinced that the EFCC had made out a case to warrant the granting of the interim forfeiture order.

He said: “An order is hereby made for the interim forfeiture of the sum of N510,000,000 in Sterling Bank account No: 0029581583 recovered by the applicant, which funds are reasonably suspected to be proceeds of unlawful activities.”

He also ordered the EFCC to publicize the said order and for anyone interested in the funds in respect of which the order was made, to appear before the court and show cause, within 14 days, why the money should not be permanently forfeited to the Federal Government.

Babajide Okeowo
Babajide Okeowohttps://newdiplomatng.com/
With a career spanning over a decade spent across the Business, Political and Entertainment beats of prominent media organizations in Nigeria, Babajide Okeowo has carved a niche for himself as a Journalist of repute. As a newsroom guru, he has penned several weighty narratives and designed content that speak to a news medium's values, vision and mission while ensuring that the content resonate pretty well with a variety of critical audiences across Nigeria and beyond. A consummate storyteller whose coverage of the business industry is valuable, Okeowo is blessed with a vast analytical mind and data interpretation skills. In his spare time, he interprets data for a Leading American University while also volunteering for a Non-Governmental Organization on Mindset Transformation. Okeowo is the Content Editor of The New Diplomat.

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