The court order of confiscation of assets confiscated from the alleged fraudster captured by EFCC

Judge Dehinde Diheolu from the Federal High Court, Lagos, on Thursday ordered the temporary confiscation of assets confiscated from. Alleged fraudsters by the Economic and Financial Crime Commission (EFCC).

Items that include 1,596 computers and laptops, 4,091 cellphones, seven vehicles and around 70 were arrested from 193 foreign nationals and 599 Nigerians by the Commission on December 10, 2024 in the Victorian Island area in Lagos

Several suspects have been charged in court by EFCC.

EFCC advisor, Bima Isah, who moved the EX Parte motion, said the commission had received intelligence regarding large -scale fraud operations involving foreign nationals in Lagos

Also read: The Court provides EFCC Go-Aahad to be captured, holding the CBEX promoter

He said the suspects financed their activities through the Genting International Company Limited, added that the asset was naturally suspected as a result of activities that violated the law.

After reviewing the argument of legal advisors, the judge granted the motion.

He also directed EFCC to issue orders in national newspapers that allow anyone to be interested in assets to appear in court within 14 days to show the reasons why they do not have to be permanently scorched to the federal government.

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