Ex-Accountant General Of Nigeria, Otunla, Fadile lose N775m, properties to FG…

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The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of N775million traced to ex-Accountant General Jonah Otunla and retired Colonel Bello Fadile.

 

Justice D. U. Okorowo of the Federal High Court in Abuja gave the order on Monday.

Also forfeited are some properties: No. 8 Ajayi Crowther Street, Asokoro, Abuja, and Plot 1960 Cadastral Zone A05 Maitama, Abuja.

 

Others include a hotel under construction at Plot 621, Road 37, Gwarimpa, and a twin 4-bedroom duplex at Plot 736, 7th Avenue, Gwarimpa, Abuja.

 

EFCC counsel Christopher Mshelia moved a motion for the final forfeiture of the assets today, Mshelia said the assets recovered during the probe of the Office of the National Security Adviser (ONSA) were proceeds of unlawful activities.

 

The N775million was refunded by Otunla and the late Otunba Ade Adelakun in the course of the investigation.

 

The EFCC secured an interim forfeiture order in July 2020 and published it on August 11, 2022.

 

Justice Okorowo said the court was satisfied with the evidence and directed that the Federal Government take over the assets.

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SUNDAY ADEBAYO is a writer, Public relations practitioner, and a versatile Journalist with over 6,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently the Editor In Chief at Society Reporters. His passion is to deliver great and insightful news and analysis on topical issues and society happenstances.