Whistle blower | Court has ordered the final forfeiture of N450 million found in Ghana must go. A Federal High Court has ordered the final forfeiture of N450 million cash found in Lagos. Justice R. Aikwa of the FHC, Ikoyi, Lagos, today, May 19 ordered a final forfeiture of about N45 million (N449, 770, 000) recently uncovered by the EFCC operatives in a shop at Legico Shopping Plaza, Victoria Island, Lagos. The order came following a motion ex-parte filed by an EFCC prosecutor, Rotimi Oyedepo, pursuant to Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006.
In his ruling on Wednesday, May 17 Justice Aikawa ordered anyone interested in the money to appear before him at the next adjourned date to show a reason why the money should not be permanently forfeited to the federal government. The judge also directed the EFCC to publish in any national daily for anyone to show cause within 14 days why the order for the final forfeiture should not be granted. In his ruling today, Friday, May 19, Justice Aikwa granted final forfeiture of the money to the federal government signaling the end of the case. About a month ago, the EFCC recovered the monies stashed in several Ghana Must Go in N500 and N1000 denominations, hidden in a shop awaiting conversion into foreign currency. Relying on information provided by a concerned whistleblower, operatives of the commission swooped on the shopping complex and sought the identity of the owners of two shops, LS 64 and LS 67 which were under locks and keys.
NAIJ.com gathered that the attention of the plaza’s chairman and some traders were drawn in order to force the shops open. There was no money found in shop 67, but in shop 64 heaps of Ghana Must Go bags were found loaded on the floor of the shop.