The Court of Appeal sitting in Owerri, has ordered the freezing of all the accounts of Imo State Government and the confiscation of all monies domiciled in them.
The appellate court equally ordered that the confiscated monies should be used to offset the sum of N1 billion owed E. F. Network Nigeria Limited and Mr. Gideon Egbuchulam.
Justice It’s G. Mbaba handed down the orders while delivering judgment in an appeal filed by the Governor of Imo State, the Attorney General of […]
The Economic and Financial Crimes Commission, EFCC, has frozen the account of former Aviation Minister Femi Fani-Kayode over the alleged N4 billion campaign bazaar cash received from ex-President Goodluck Jonathan in the build-up to the 2015 elections.
The funds were allegedly withdrawn from the Central Bank of Nigeria(CBN) and shared to 10 other directors, directorates, zonal directors and state directors of the Presidential Campaign Organization of Jonathan.
However, Fani-Kayode declared Friday that he knew nothing about the withdrawal of the cash from […]