Featured
Justice vacates freeze order on Ozekhome account, though he agrees N75m was from Fayose
Justice Abulazeez Anka of a Federal High Court in Lagos on Monday lifted the freeze order on the account of Mike Ozekhome, a Senior Advocate of Nigeria.
The justice said he agreed with the suspicion of EFCC that got the order following what the agency claimed to be a transaction between the lawyer and Ekiti Gov. Ayo Fayose. The governor is complicit in the $2,1 billion arms purchase scandal rocking former President Goodluck Jonathan administration.
ALSO SEE: Court freezes Ozekhome’s N75m with GTB
“His [EFCC’S lawyer Rotimi Oyedepo] evidence was not controverted that the said proceeds were unencumbered as at the time they were transferred into the account of Mike Ozekhome Chambers, as rightly argued by Chief Mike Ozekhome,” he saod
But Anka noted there was no freeze order on Fayose’s account when Ozekhome got the money.
The justice on February 7 had ordered a temporary forfeiture of N75 million found in Mr. Ozekhome’s Guarantee Trust Bank account.
And Ozekhome had filed an application, seeking an order, discharging forthwith, the interim orders made ex parte, which ordered a temporary attachment of his money for 120 days.
He also sought an order restraining the EFCC, whether by themselves or their privies, from dealing in anyway and manner as to the operation or the proprietary rights of the ownership of the account.
In his Monday ruling, Anka vacated the interim freeze order, and dismissed the opposing counter-affidavit of the EFCC.
-
Latest1 week agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business5 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business1 week agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Business5 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Latest1 week agoAPC unveils Lagos Assembly candidates, leaves out 12 incumbent lawmakers
-
Business3 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest7 days agoOyo APC berates Makinde over call for UN probe into Oriire school rescue
-
Business5 days agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market


