Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government

Primary School Teacher, Others Forfeit ₦120m, Cars To Nigerian Government

Posted Jul 28, 2022 - 11:15PM by Gnax Oneboss 0

The Federal High Court in Abuja has ordered the final forfeiture of N120 million traced to a primary school teacher, Roseline Egbuha, and her accomplices, to the federal government.

The court also ordered the forfeiture of cars, traced to Mrs Egbuha, a teacher with Ozala Primary School, Abagana, Anambra State.

A statement by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said on Thursday that the judge, D.U Okorowo, also ordered the forfeiture of cars, traced to the teacher.

ICPC’s spokesperson, Azuka Ogugua, said the court issued the order on 26 or 27 June but the commission’s lawyers only obtained the Certified True Copy (CTC) of the order on Wednesday.

The commission said the court order followed an ex parte motion filed in 2021 following allegations surrounding N540 million linked to Mrs Egbuha and her alleged accomplices.
Article continues after this Ads

How suspects tried to hide funds

ICPC explained that the teacher who was on a monthly salary of N76,000 as of the time of her arrest in 2020 had N540 million in her bank account with Guaranty Trust Bank.

It said investigations by ICPC revealed Mrs Egbuha was involved in money laundering thereby prompting the commission to place a Post-No-Debit (PND) on her account.

The suspect, however, obtained a court order from the Federal High Court, Abuja, lifting the PND placed on the account, according to ICPC. She was said to have then promptly withdrawn the money and distributed it into multiple bank accounts owned by Bureau de Change operators and private individuals.

ICPC listed Mrs Egbuha’s alleged accomplices to include: James Erebouye, Emon Okune, Chisom Iwueke, Alonge Ojo, Maureen Chidimma, Owoyemi Mayowa and Ejeaka Ifeoma. It also said two private companies were charged to court over fraudulent activities and warehousing proceeds of the alleged crimes.

ICPC’s lawyer, Adesina Raheem, had in his court filings sought an order for the final forfeiture of the money and cars to the federal government.

The judge, after taking arguments from lawyers to the ICPC and the respondents, ruled that the funds found in seven individual bank accounts and that of two private companies should be forfeited to the federal government.

Breakdown of forfeited assets

The money assets covered by the order are N30.8 million in a Polaris Bank account of Dorason Construction Ltd, N17.4 million traced to a Sterling Bank account of James Erebouye and N16.4 million found in the Zenith Bank account of Dybako and Sons Nig Ltd.

Another alleged accomplice, Ojo Alonge, forfeited N14.1 million traced to two separate accounts with First Bank and Ecobank respectively. Owoyemi Mayowa, on her part, forfeited N7.1 million held in Zenith Bank.

Also forfeited are the sums of N8.2 million, N9.7 million, N6.5 million and N122,100 kept in different bank accounts by Emon Okune, Chisom Iwueke, Maureen Chidimma and Ejeaka Ifeoma respectively.

Other items forfeited by the respondents are Toyota Lexus and Venza sport utility vehicles.

Do You Want To Advertise On BazeTunez
What Do You Think About This Article?

Click Here To Drop Your Comments

you might also like...
Drop Your Comments 0

Your Name

Your Comment

Be the first to comment on this post
popular artists
recent artists
popular search
recently searched
song of the week
Charlotte Lyf – Mdali Khanyisa

Charlotte Lyf – Mdali Khanyisa

download now
video of the week
CKay – Is It You?

CKay – Is It You?

watch video now
trending post
recently posted
new topics
“I might be blind soon” - Tiwa Savage cries out, begs for huge sum of money for surgery.
4 days ago | Celebrity Gossip
She is seriously enjoying the gbola ooo” – Reactions as bedroom knacking video of Mandy Kiss surfaces the internet (Watch)
a week ago | Leaked
“This girl too dirty o” Reactions as female content creator claims she hasn’t washed her brassier for 2 years
“He is Evil” – Reactions as BBC News sets to expose the late Nigerian Pastor, PropertTB Joshua’s life of abuse, atr0cities, r@pes
Jan 07 | Crimes
“Her Puna too wide like swimming pool” – Fans react as Instagram comedian, “Etinosa” goes completely n@kd in a live video
Popular Nollywood Actor, Bolanle Ninalowo S*x Tape With Nigerian Female Singer Leaked Online
Jan 06 | Leaked
“Not bad being a g@y” – Davido finally speaks up on why he kissed Stonebwoy in a night club
“Is Davido a gay?” – Reactions as Davido and Stonebwoy was seen kissing passionately in a night club (Video)
“I need a curved huge Cucumber that can satisfy my Kpekus this new year” – A beautiful Nigerian lady shows her wet kpekus on TikTok (Video)
Man calls out hospital staff for doing TikTok videos while patient was having an emergency
Dec 29, 2023 - 07:46PM | Local News
new musics/songs
KrixxKroxx - On The Low
Feb 08, 2022 - 02:42PM
Josh2funny – Badman Kiti Kata (Badman Chukwuebuka)
Jan 13, 2022 - 09:14PM
Portable – Ogo Forever
Jan 13, 2022 - 10:22PM
DJ Lawy – Party Hour Mix
Jan 14, 2022 - 06:57PM
Dessy - DND (Do Not Disturb)
Jan 15, 2022 - 07:30AM
Maxim Moh - Rich Boyz
Jan 15, 2022 - 07:45PM
Rexxie ft Seyi vibez & Dj 4kerty - Wallet
Jan 15, 2022 - 08:57PM
Davido ft Burna Boy - Jakomo
Jan 15, 2022 - 11:39PM
Zlatan - Ale yi
Jan 15, 2022 - 11:42PM
Portable ft Mr Gbafun - Ayomi
Jan 15, 2022 - 11:46PM
new videos
Fave – Baby Riddim
Updated:4 minutes ago
Khaid – Jara
4 minutes ago
Skiibii ft Davido - Baddest Boy (Remix)
Updated:4 minutes ago
Bad Boy Timz ft Olamide - Skelele
4 minutes ago
Niphkeys ft Zinoleesky - Blessings
Updated:4 minutes ago
Broda Shaggi ft Falz - Cross My Lane
Updated:4 minutes ago
Asa - Ocean
Updated:4 minutes ago
Diamond Platnumz - Gidi
Updated:4 minutes ago
Olamide ft Wande Coal - Hate Me
Updated:4 minutes ago
Rema ft Aj Tracey - Fresh Young Nigga (FYN)
Updated:4 minutes ago
Copyright © 2022 - 2024
BazeTunez Media Inc
Powered by: Merge Technology Concept