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High Court Orders Former Naval Chief Ezeoba To Forfeit N1.8b To Federal Government

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A federal High Court in Lagos in Nigeria’s southwest zone has ruled that a limited liability company, Acquila Leasing Limited, should temporarily forfeit N1.825 billion found in the company’s account to the Federal Government.

The Economic and Financial Crimes Commission, which obtained the forfeiture order on behalf of the Federal Government, alleged that the sum was part of a total of N2.387 billion diverted from the coffers of the Nigerian Navy by a former Chief of Naval Staff, Admiral Dele Ezeoba (retired). Mr. Ezeoba headed the Nigerian Navy between 2012 and 2014.

An EFCC prosecutor, Rotimi Oyedepo, filed an ex-parte application for temporary forfeiture of the funds before Justice Muslim Hassan. The application invoked Section 17 of Nigeria’s Advance Fee Fraud and Other Related Offences Act No. 14 of 2006 as well as Section 44(2)(k) of the 1999 Nigerian Constitution.

In the filing, Mr. Oyedepo urged the court to urgently grant the forfeiture order in the interest of justice. Justice Hassan granted the order and gave 14 days for Chuka Onwuchekwa and his company, Acquila Leasing Limited,as well as any other party interested in the money to appear before him to give reasons why the fund should not be permanently forfeited to the Federal Government of Nigeria.

Justice Hassan adjourned the case till March 29, 2017 for any interested parties to appear before him.

The EFCC’s application listed Onwuchekwa and Acquila Leasing Limited as the first and second respondents. An affidavit of urgency sworn to by an operative of the EFCC, Adamu Usman, said Mr. Ezeoba was investigated following an intelligence report. He disclosed that the anti-grant agency analyzed information and determined further investigation was warranted.

According to Mr. Usman, information obtained by the EFCC from Mr. Ezeoba on June 21, 2016 revealed that the N1.825 billion was proceeds of crime “fraudulently diverted from the Nigerian Navy under the leadership of Ezeoba.”

The EFCC alleged that Mr. Dele Joseph Ezeoba used the name of the first respondent, Acquila Leasing Limited, to open a fraudulent account in order to disguise funds he laundered from the Navy. The commission added that, in a desperate bid to further disguise and conceal the illicit source of the funds, Mr. Ezeoba entered into a Memorandum of Understanding to buy shares of Acquila Leasing Limited from Mr. Onwuchekwa, the company’s managing director.

According to the EFCC, “the said shares of Acquila Leasing Limited [were] worth N2.378, 000,000.” The commission remarked that, out of the N2.378 billionembezzled by Mr. Ezeoba, only N1.825 billion had so far been recovered via drafts in favor of the Federal Government of Nigeria.

Source: SaharaReporters

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“If I die, I die” – Actress Nazo Ekezie shoots her shot at Don Jazzy

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Nollywood actress, Nazo Ekezie has boldly declared interest in starting a relationship with Don Jazzy.

Nazo shared a photo of the Mavin records boss on Instagram and wrote: “I’m shooting my shot….. if I die… I die. @donjazzy I don’t know if you remember I met you the other day at imax lekki…… me I’m not slim… so I will never ever stress you about loosing weight…. I like you like this please let’s go on a date @donjazzy happy birthday my crush.”

Reacting to the post, Don Jazzy wrote “Kai Oya let’s set the date o. I will definitely love to. Thanks a lot ❤️”

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Reekado Banks Trashes His Song With Wizkid After He Called Him A Fool

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Recall that Wizkid lost his cool on Reekado Banks a few weeks ago after he took to his Twitter page to promote his song while the whole of Nigeria was protesting against the brutalities from the police.

Wizkid called Reekado a fool and ask him to pull the post down since it wasn’t the right time. Reekado on the other hand, out of anger, has trashed his song with Wizkid from his collections of songs.

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Nigerian man proposes to his girlfriend with fleets of drones (video)

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A Nigerian man has won the heart of his lovely girlfriend after proposing in a spectacular way.

Tolulope Fatunbi, the founder of Quadrev LLC made a grand proposal to the love of his life using a fleet of drones flying in the air with one carrying the ring to her.

The act has left many tongues wagging on social media.

Watch video below:

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