ikoyigate Archives - Freedom Online

Magu: I never said IkoyiGate Whistleblower has been paid

Roland Edwards — Fri, 10 Nov 2017 19:29:22 +0000

The Economic and Financial Crimes Commission (EFCC) has clarified remarks credited to its Acting Chairman, Mr Ibrahim Magu, concerning the Ikoyi whistleblower on Thursday. Spokesman of the commission, Mr Wilson Uwujaren, said in a statement on Friday that Magu never said the whistleblower had been paid his compensation as being insinuated in a section of […]

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Court orders interim forfeiture of Ikoyi property which ‘warehoused’ millions of dollars as whistle blower becomes millionaire

Femi Adewale — Thu, 09 Nov 2017 21:56:01 +0000

Justice Saliu Saidu of a Federal High Court, Lagos on Thursday ordered the temporary forfeiture to the Federal Government of Flat 7B, Osborne Towers, Ikoyi, Lagos. The property is said to have housed the sums of 43 million dollars, 27,800 pounds, and N23 million. The sums were said to have been found in iron cabinets […]

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Court orders permanent forfeiture of N13bn recovered from Ikoyi residence

Femi Adewale — Tue, 06 Jun 2017 17:31:34 +0000

A Federal High Court in Lagos on Tuesday ordered the final forfeiture to the Federal Government the N13 billion discovered at Flat 7b , House 17, Osborne Road, Ikoyi, Lagos, in April. Justice Muslim Hassan ordered that the permanent forfeiture of the money to the Federal Government “since nobody has showed up as the owner. […]

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