In addition to the forfeited shares, the judge also ordered the final forfeiture of about N42.5 million (N42,461,096.66) and $26.44 in cash, both traced to Cititrust Holdings Plc and its subsidiaries.

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi ...

The Nation Newspaper Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn Shares, N42.4m, $26.44 ...

Every week, the TDN posts a roundup of the relevant Horseracing Integrity and Safety Act (HISA) related rulings from around the country. The following rulings were reported on HISA's “rulings” portal ...

Civil asset forfeiture laws let authorities, such as federal marshals or local sheriffs, seize property – cash, a house, a car, a cellphone – that they suspect is involved in criminal activity.

A Federal High Court in Abuja has scheduled May 28 for hearing in a motion filed by the Economic and Financial Crimes Commission (EFCC) seeking an order for final forfeiture of N228.4 million ...

A federal high court in Abuja will, on May 28, hear an application by the Economic and Financial Crimes Commission (EFCC) seeking the final forfeiture of N228.4 million linked to Theodore Orji ...

Justice Emeka Nwite adjourned the matter after EFCC counsel, Fadila Yusuf, informed the court that the commission had complied with an earlier order to publish the interim forfeiture notice.

The Federal High Court in Abuja will on May 28, hear the Economic and Financial Crimes Commission (EFCC)’s motion seeking an order for final forfeiture of N228.4 million linked to former Governor of ...

The Federal High Court in Abuja will, on 28 May, hear the Economic and Financial Crimes Commission (EFCC)’s motion seeking an order for final forfeiture of N228.4 million linked to former ...