Court Orders Forfeiture of Unexplained $899,600, N150m Cash
Justice Folashade Ogunbanjo Giwa of the Federal High Court, Abuja, on Thursday, October 31, 2019, granted three separate interim forfeiture applications by the Economic and Financial Crimes Commission, EFCC, involving monies and properties.
The first involved the sum of $899,600 ( Eight Hundred Ninety-nine Thousand, Six Hundred Dollars), belonging to one Abdallah Suleiman, which was forfeited to the federal government.
The money was established to be proceeds of fraudulent activities by the EFCC.
The ex parte application for the forfeiture was moved by counsel representing the EFCC, Ekele Iheanacho, who asserted that the Commission received intelligence bordering on money laundering regarding illicit funds stashed in an apartment, located in Wuse, Abuja. He said that based on the intelligence, the house was searched and a safe was found that contained the money.
He told the court that investigations revealed that the apartment was secured by a former secretary to the Bauchi State Government, Ibrahim Ahmed Dandija to store his valuables but that all efforts to get him have been futile as he has refused to honour the invitation to explain his connection to the money.
Iheanacho further revealed that one Abdallah Suleiman later came forth to claim the money, stating that he engages in chartering of aircrafts through his company Montes Auri Ltd and that the money was received on behalf of a company. However, according to the EFCC counsel, investigations in the Federal Airport Authority of Nigeria,FAAN, by the Commission failed to establish Suleiman’s claim.
Justice Giwa granted the prayer sought by the EFCC and directed that the order be published in a national newspaper for persons with interest in the funds sought to be forfeited to appear before the court to show cause why the final order of the forfeiture of the funds should not be made in favour of the Federal government of Nigeria on December 4, 2019.
Similarly, the court also ordered the interim forfeiture of N150 million (One Hundred and Fifty Million Naira), belonging to Nicholas Mutu Ebomo, who was the chairman, House of Representatives Committee on Niger Deleta Development Commission, NDDC.
While moving the application for the forfeiture order, Iheanacho stated that the money was recovered by the EFCC in the course of investigating contracts awarded by the NDDC.
He affirmed that NDDC engaged the services of Starline Consultancy Services to recover funds owed it by oil and gas companies and that Starline sought the assistance of the House Committee on NDDC in the recovering of the funds. The oil companies eventually paid the debts to Starline, with a total sum of N10 billion being realised.
According to the prosecutor, investigation further revealed that Hon Ebomo received bribe and kickbacks to the tune of over N400 million (Four Hundred Million Naira) as appreciation for his role in using the office of House Chairman on NDDC to facilitate the recovering of the monies.
Iheanacho said the money the Commission is seeking its forfeiture to the federal government is the N150 million refunded by Hon Ebomo in favour of the EFCC Recovery Fund Account.
Justice Giwa granted the prayer and directed that the order be published in a national newspaper for persons with interest in the fund to show cause, why the final order of the forfeiture of the funds should not be made in favour of the Federal government.
In the same vein, the judge also ordered the interim forfeiture of a plaza and block of flats, belonging to one Goddy Nnadi, General Manager, Corporate Services, Petroleum Equalisation Fund Management Board.
Justice Giwa gave the order following an ex-parte application filed by the EFCC through its counsel, Ekele Iheanacho.
The plaza, a two storey building is located at Plot C46 5221 Road, Block XXIIC Gwarimpa II Estate, Abuja , while the set of four detached bungalows are located at Plot No 77, 525 Road , A Close, Kubwa Estate, Phase IV Abuja.
Iheanacho told the court that the properties are suspected to be proceeds of unlawful activities.
In his affidavit, Iheanacho stated that Nnadi received kickbacks from petroleum products dealers and contractors and thereafter acquired the properties to launder the funds received. He further told the court that Nnadi has now voluntarily pledged to forfeit the properties to the federal government and therefore urged the court to grant the application against the properties.
Justice Giwa granted the prayers being sought with the previous conditions attached
Head, Media & Publicity
Arrest of Mompha, Lebanese Associate Landmark Achievement-Magu
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has described the recent arrest of an alleged internet fraudster, Ismaila Mustapha, also known as Mompha and his Lebanese accomplice, Hamza Koudeih, as a landmark achievement in the sustained fight against internet-related frauds and money laundering in the country.
Magu said the arrest of Mompha and Hamza by operatives of the EFCC, bore testimony to the commitment of the Commission to the fight against internet-related frauds, adding that “ it is also a red alert to potential fraudsters.”
Speaking during an interactive session with stakeholders at the Lagos Zonal office of the Commission on Thursday, October 31, 2019, Magu said actionable intelligence received from local and international law enforcement agencies had revealed that the suspects, alongside their collaborators, were high-valued targets in Organized Cyber Syndicate Network, OCSN.
According to him, “the recent arrests of a social media celebrity, Ismaila Mustapha, popularly known as Mompha, and his Lebanese collaborator, Hamza Koudeih, for their alleged involvement in internet-related fraud and money laundering remain a landmark achievement of the EFCC.
“I make bold to tell you that these arrests have further confirmed our commitment to the anti-graft war, while also sending a red alert to potential internet fraudsters.
“I am sure you will be greatly shocked to know that five wristwatches valued at over N60million were recovered from the suspected internet fraudster, Mompha, at the point of arrest.
“Investigation has also revealed that he operates 51 bank accounts in Nigeria with which he acquires properties in Dubai and had laundered about N14billion through a firm known as Ismalob Global Investments Limited.
“His accomplice, Koudeih, also has two firms namely: THK Services Limited and CHK properties Limited with which he has allegedly laundered about N19billion.
“Koudeih lives in a $5million per annum suite at the Eko Atlantic Pearl Tower, Victoria Island Lagos. “
The EFCC Chair also stated that the Commission had begun forensic analysis of the phones, documents and “strange” items recovered from both suspects.
“They will be charged to court accordingly as soon as investigation is concluded,” he added.
Magu also emphasized the fact that the Commission, prior to the arrests of both Mompha and Koudeih, had independently launched intensive investigative actions against the Internet fraudsters, popularly known as Yahoo Yahoo Boys, culminating in various strategic raids on their hideouts.
He further stated that the Commission had embarked on the raids even before the recently concluded collaborative operation with the Federal Bureau of Investigation, FBI, tagged Operation Rewired- an international operation targeted at the Business Email Compromise, BEC, suspects across the world.
Magu added that “From January to date, the Lagos office of EFCC has made over 300 arrests, secured 207 convictions and recovered a good number of exotic cars. In addition, several properties suspected to have been acquired through the proceeds of crime were sealed.”
He, therefore, charged the media to join hands with the Commission in sensitizing the members of the public about the evil of internet frauds as well as economic and financial crimes.
Magu, who described media professionals as critical stakeholders in the anti-graft war, said: “We must collectively strive to achieve the Nigeria of our dream, one that our children and even generations unborn will be proud of.
“it is very critical for you to understand that you owe the youths that social responsibility of awakening their consciousness to the importance of a noble life devoid of crimes.
“We must continue to mentor our youths and impress it on them to shun crimes and its alluring temptation because it will always end in sorrow and regrets.
“For us, there will be no hiding place for fraudsters as the Commission will hunt and bring any errant and criminally-minded persons to justice. “
Magu also used the occasion to disclose that the Commission might soon put in place a policy of rehabilitating convicted internet fraudsters so that they could deploy “their computer wizardry to good use for the overall well-being of the society.”
He further disclosed to the stakeholders that the EFCC would commence the auctioning of recovered items soon, adding that the commission wants to ensure there is transparency in the process of auctioning the items.
“We have already commenced the process in Port Harcourt, where we will be auctioning 242 trucks that have been forfeited. We have so many recovered items that have been forfeited to the Federal Government that are waiting to be auctioned. The process should be properly coordinated in compliance with judgment given by the court and that is why we have taken so much time”.
Magu urged the stakeholders to join the EFCC in the fight against corruption by using their platform to expose the criminals and not promote them.
Head, Media & Publicity