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Nigerian Businessman, Arthur Eze Recovers Properties In Enugu

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EFCC Returns Recovered Houses To Nigerian Businessman, Arthur Eze

Popular Nigerian businessman, Arthur Eze has reclaimed his 11 houses from two of his former workers, who are also his nephews.

Naija News reports that the businessman was able to recover his houses from Olisaebuka Eze and Onyeka Eze with the help of the Economic and Financial Crimes Commission (EFCC).

A statement released on Monday by EFCC spokesman, Wilson Uwujaren, said the two culprits worked as Administrative and Finance Managers respectively for the businessman.

EFCC said an investigation revealed that the culprits used proceeds of their alleged criminal activities to acquire the properties in different parts of Enugu State.

The anti-graft agency accused the two suspects of criminal breach of trust and diversion of funds belonging to the business mogul.

According to the EFCC, the properties were returned to the business mogul on Friday, January 28, 2022.

The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Command on Friday, January 28, 2022, returned eleven houses recovered in different parts of Enugu to Chief Arthur Eze,” the statement reads.

“The properties were recovered by the EFCC from the duo of Olisaebuka Okechukwu Eze and Onyeka Nnadozie Eze, administration and finance manager respectively in Arthur Eze’s firm, accused of criminal breach of trust and diversion of funds belonging to the business mogul.

“The investigation established that the duos who are also nephews of Chief Eze, used proceeds of their alleged criminal activities to acquire choice properties in Enugu and other parts of South Eastern Nigeria.

“The Commission in the course of the investigation initiated forfeiture proceedings against the two company officials before Justice I.M Buba of the Federal High Court, Enugu, which granted an interim order of forfeiture of the said properties, directing the defendants to show cause why the properties should not be finally forfeited.

“In the absence of any contrary information, the Court on October 18, 2021, ordered that the properties be finally forfeited and returned to the nominal complainant, Chief Arthur Eze.

Receiving the properties, Eze appreciated the anti-graft agency for helping him recover his properties and ensuring that the suspects were arrested.

He said: “I am grateful to the Executive Chairman of the EFCC, Abdulrasheed Bawa, the Zonal Commander and all your men who fought for justice to be served.

“I am aware that, at some point, your men risked their lives for this cause. I pray that God who has been keeping you will always protect you. I am here in person to thank you for all that you did for me when those whom I call my own, stole from me.



Ige Olugbenga is a fine-grained journalist. He loves the smell of a good lead and has a penchant for finding out something nobody else knows.