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Osborne Towers: Court To Give Judgement On Final Forfeiture On Jan. 19



A Federal High Court sitting in Lagos has reserved the judgment in a motion moved by Economic and Financial Crimes Commission (EFCC) seeking final forfeiture of 7b Osborne road, Ikoyi, Lagos, until January 19.

Osborne Towers was the location where both local and foreign currencies were discovered by the anti graft commission in 2017.

The agency had found N23 billion, €28,000 $444,000, in the said property, which was reportedly the property of Folashade Oke, the former Director General of the National Intelligence Agency (NIA), Ayo Oke’s wife.

Consequently, the court in June 2017, ordered permanent forfeiture of the funds from the said property.

Naija News recalls that the Osborne Towers scandal resulted in the suspension and subsequent dismissal of Oke from the NIA.

Meanwhile, President Muhammadu Buhari on Wednesday appointed his Senior Special Assistant on Foreign Affairs/International Relations, Ahmed Rufai Abubakar, as the new NIA DG.



Source: Naija News