A Federal High Court sitting in Lagos has ordered the forfeiture of the sum of N426.7 million belonging to an Army General, Brigadier General John Ozigi.
The court gave the order on Friday in a suit filed by the Economic and Financial Crimes Commission (EFCC).
The EFCC in the suit numbered FHC/L/CS/1094/18 alleged that a total sum of N426.704,820.88 found in the accounts of a firm, Diamond Head Ventures and Development Company Limited linked to Ozigi.
The money was said to have been found in the firm’s Zenith Bank and Polaris Bank accounts, which were reasonably suspected to be the proceeds of unlawful activities.
The EFCC stated that the money was not commensurate with Ozigi’s earnings in the Nigerian Army, adding that Ozigi’s salary is N750,000.
Delivering his judgment on Friday, Justice Muslim Hassan held that Ozigi failed to satisfy the court with concrete evidence why the money should not be forfeited to Federal Government.
He said: “The application has met the conditions stipulated in Section 17 of the Advanced Free Fraud and Related Offences Act.
“The application is meritorious and it is hereby granted as prayed.”
