EFCC secures interim forfeiture of funds linked to Lagos House Speaker

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A Federal High court in Lagos has granted the Economic and Financial Crimes Commission (EFCC) interim forfeiture of funds linked to Speaker of the Lagos State House of Assembly, Mudashiru Ajayi Obasa.

The EFCC in a motion dated August 12, 2020 and marked FHC/L/CS/1069/2020, asked the court to issue an order directing that the funds in three bank accounts be forfeited in the interim.

According to the anti-graft commission, the three bank accounts were “being investigated for the offences of conspiracy, diversion of funds, abuse of office and money laundering”.

All three accounts which carried the name of the defendant are reportedly domiciled in Standard Chartered Bank.

While one of the accounts (001852963) is a domiciliary account, the other two (001852956 and 5002349821) are said to be naira current and savings accounts respectively.

After hearing the application filed by S.I Sulieman, counsel to the EFCC, the court ruled in favour of the commission on September 15, 2020.

Earlier on Thursday, Wilson Uwujaren, EFCC spokesperson, confirmed that Obasa was at the agency’s office for questioning.

“He responded to an invite from the commission this morning,” Uwujaren said.

The Lagos speaker was accused of embezzling public funds and abusing his office.(TNG)

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