Mrs. Roseline Uche Egbuha... A primary school teacher in Anambra State being tried for N550 million money laundering by ICPC
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured an interim forfeiture of N110.4 million traced to the bank accounts of one Mr. James Erebuoye and seven other suspects for allegedly being proceeds of crime.
A Federal High Court sitting in Abuja gave the order.
In an ex-parte motion filed by Raheem Adesina on behalf of ICPC before Justice D. Okorowa, the commission further prayed for an order of interim forfeiture of a Toyota Lexus Jeep and a Toyota Venza car, including an Ipad device.
The properties were seized by the Commission from Erebuoye and his accomplices who were alleged to have benefitted from over N500 million illicit fund stashed in the account of a primary school teacher, Mrs. Roseline Uche Egbuha.
ICPC found that N110,364,592.4 was surreptitiously moved sometime in 2020, from the bank account of the primary school teacher, who was being investigated for money laundering and other fraud, into different accounts owned by Erebuoye and eight other persons, including two companies.
The money to be forfeited includes N17.4 million that was transferred to the bank account of Erebuoye, N14.2 million to an account owned by one Ojo Alonge, N16.4 million to a company called DY Bako and Sons Ltd and N30.8 million to another company known as Dorason Construction Ltd.
The order for interim forfeiture also covers the sums of N7.1 million traced to an account owned by Owoyemi Mayowa, N8.2 million, and N6.5 million traced to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively.
Spokesperson for ICPC, Mrs. Azuka Ogugua, in a statement on Thursday recalled that Mrs. Egbuha, who teaches at Ozala Primary School, Abagana, Anambra State, was arrested in June 2020 by the Commission for allegedly laundering N550 million.
Afrobeats star David Adeleke, fondly called Davido, has unveiled the official tracklist for his highly…
Three students of the Federal University of Lafia (FULafia) have been abducted by gunmen from…
Yoruba Nation agitator Sunday Adeyemo, popularly known as Sunday Igboho, has recounted how he escaped…
Students of Bayero University Kano (BUK) and Northwest University Kano have appealed to the Nigerian…
A serving Nigerian Army officer, Colonel Abdussalam Ude, has been killed by gunmen during an…
The Oyo State Government has taken delivery of two surveillance aircraft acquired to strengthen intelligence…
This website uses cookies.