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    Home»News»Nationwide News»Properties’ forfeiture: EFCC Compounds Ekweremadu’s headache
    Nationwide News

    Properties’ forfeiture: EFCC Compounds Ekweremadu’s headache

    straightnewsng.comBy straightnewsng.comNovember 4, 2022 --- 11:12 amUpdated:November 5, 2022 --- 6:15 pmNo Comments2 Mins Read
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    Senator Ike Ekweremadu's properties - straightnews
    Senator Ike Ekweremadu's properties
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    The Economic and Financial Crimes Commission (EFCC)  has compounded the former Deputy Senate president, Ike Ekweremadu’s headache by obtaining court’s order to forfeit his properties to the Federal Government.

    Already, Ekweremadu is cooling his feet in United Kingdom’s custody over trial for kidney harvest and money laundering allegations.

    Read also: Alleged Organ harvesting: Court detains Sen Ekweremadu, grants wife bail

    At home, EFCC has released photos of some of the choice 40 properties worth billions ordered by Justice Inyang Ekwo of Federal High Court, Abuja, for forfeiture to the government.

    The anti-graft agency, Friday, secured the order for the interim forfeiture of 40 landed properties, nine in Dubai, linked to Ekweremadu.

    A statement released by EFCC says among the affected properties forfeited include a London property at Flat 4, Varsity Court, Hormer Street ( WIH4NW) which was acquired on December 4, 2008 for £830,000; three properties in Florida, United States, one of which was purchased for $155,000 USD.

    Others are a property on approximately 3000 square meter parcel of land consisting of 7 bedroom detached Boys Quarters, swimming pool, enclosed 3 car garage with roller shutter doors, gate house and generator house at No.6 Ilado Close, Ikoyi, Lagos bought for N630 million on August 8, 2015; three blocks of six flats each, totaling 18 luxury flats at Plot 904 Durumi, Abuja acquired for N700 million and Four Rootown House at Villa No. 148 Maeeni the Lahes Emirate Hill Dubai valued at $250,00 USD.

    Dubai Economic and Financial Crimes Commission (EFCC) Federal Government(FGN) Federal High Court Abuja former Deputy Senate President-Ike Ekweremadu Justice Inyang Ekwo United Kingdom
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    Ibom Deep Seaport development, not a sprint but a marathon- Gov Eno

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