EletiofeEFCC not satisfied with court verdict on Stella Oduah's...

EFCC not satisfied with court verdict on Stella Oduah’s asset forfeiture


- Advertisment -

In a statement on Monday, EFCC spokesman, Mr Dele Oyewale, said that the commission would appeal the ruling.

The attention of the EFCC has been drawn to a ruling of a Federal High Court sitting in Abuja, delivered on Monday, on the vacation of an interim forfeiture order regarding some assets traced to former Aviation Minister, Sen. Stella Oduah.

“The EFCC is dissatisfied with the ruling and will file an appeal,” he said.

The News Agency of Nigeria (NAN) reports that the EFCC had applied for the interim forfeiture order in furtherance of its investigation of allegation that Oduah allegedly diverted part of the N9.5 billion fund meant for the provision of security equipment in some airports during her tenure as aviation minister.

The EFCC had alleged in an affidavit supporting its application for the forfeiture order, that Oduah, who was Aviation Minister from 2012 to 2014, connived with some bank officials to divert the fund.

The commission also alleged that she used the money to procure broadcast equipment for Crystal Television Ltd. and bought a newspaper printing press, six dredgers and a quarry.

Latest news

The Best Gaming Headsets—We Tested Over Hundreds of Hours (2024)

Thoughtful sound design is a touchstone of modern gaming, and one of the best ways to improve your experience...

The Anderson Cooper of Black Twitter Believes Journalism Can Survive Influencers

Phil Lewis never planned on leaving Michigan. Detroit was home. As far as he could see, he was going...
- Advertisement -

13 Best Couches You Can Buy Online (2024): Sectionals, Sofas, Sleepers, and More

If you buy something using links in our stories, we may earn a commission. This helps support our journalism....

No Matter How You Package It, Apple Intelligence Is AI

While companies like Google, Microsoft, Amazon, and others had been upfront about their efforts in AI, for years Apple...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you