Court orders forfeiture of assets linked to alleged Ponzi scheme

Court orders forfeiture of assets linked to alleged Ponzi scheme

A Federal High Court sitting in Lafia, Nasarawa State, has ordered the final forfeiture of multiple properties and cash to the Federal Government

Court forfeits Nyanya hotel, factory, school linked to Theo Oloche Ebonyi

A Federal High Court sitting in Lafia has ordered the final forfeiture of a hotel, factory, school and other assets allegedly linked to Theophilus Oloche Ebonyi to the Federal Government. The order followed an application by the Economic and Financial Crimes Commission, which argued that the properties were proceeds of unlawful activities. Delivering judgment, Justice […] The post Court forfeits Nyanya hotel, factory, school linked to Theo Oloch…