News

EFCC returns to court over properties, N400m linked to Yahaya Bello

The Economic and Financial Crimes Commission (EFCC), on Monday, May 15, filed a motion for stay of execution of the ruling by a Federal High Court sitting in Lagos on 14 properties and the sum of N400 million allegedly linked to Kogi State Governor, Yahaya Bello.

Justice Nicholas Oweibo had, on April 26, struck out a suit by the EFCC seeking the final forfeiture of the property on the grounds of provisions of Section 308(1) of the constitution.

The judge had held that “given Section 308 of the constitution, which provides immunity to a sitting governor from any civil/criminal prosecution, the court lacks jurisdiction to entertain the matter” and the suit was struck out.

Upon resumed hearing, the counsel for the EFCC, Rotimi Oyedepo, SAN, informed the court of an application dated April 27, seeking a stay of execution of the ruling pending the outcome of the appeal on the case.

READ ALSO: Court strikes out forfeiture suit against Yahaya Bello

The respondent’s lawyer, Akoh Ocheni, filed an application seeking to strike out the EFCC’s request for stay of execution.

He argued that the anti-graft agency failed to comply with the rules of the court by not filling a written address and attaching same to the application.

Oyedepo told the court that a written address was filed on the same day as the application.

He showed the court a copy in his records, saying: “The proceeding is no longer before the court but in transmission to the Court of Appeal.”

Justice Oweibo, therefore, adjourned the matter sine die (indefinitely).

The judge had, on February 22, granted an interim forfeiture of the property in Lagos, Abuja, and the United Arab Emirates (UAE).

He also ordered the preservation of the sum of N400 million recovered from one Aminu Falala, which “is reasonably suspected to have been derived from unlawful activity and intended to be used for the acquisition of Plot No. 1224 Bishop Oluwole Street, Victoria Island Lagos.”

The Star

Segun Ojo

Recent Posts

Appeal Court adjourns PDP convention’s suit indefinitely

The Court of Appeal sitting in Ibadan has adjourned indefinitely an appeal filed by two…

11 minutes ago

India, others decline Tinubu’s envoys over short tenure concerns

India and several other countries have reportedly declined to accept some of President Bola Tinubu’s…

46 minutes ago

Four PDP, LP Rep members defect to APC

Four members of the House of Representatives have dumped the Peoples Democratic Party (PDP) and…

2 hours ago

Nigeria to host 2027 intra-african trade fair in Lagos

The Federal Government has signed the hosting agreement for the fifth edition of the Intra-African…

2 hours ago

Lagos launches online pre-marital course for pastors, imams, marriage counsellors

The Lagos State Government has introduced an online Religious Pre-Marital Counselling Course for pastors, imams…

2 hours ago

2026 World Cup: Chukwuemeka switches allegiance from England to Austria

Borussia Dortmund midfielder Carney Chukwuemeka has switched his international eligibility to Austria from England ahead…

2 hours ago

This website uses cookies.