News

Court Orders Forfeiture Of Funds Allegedly Linked To Ex-Head Of Service Oyo-Ita

oyo-ita-

The federal high court Abuja has ordered the permanent forfeiture of funds allegedly linked to Winifred Oyo-Ita, former head of service.

The particulars of the case were not read out in the open court when Folashade Ogunbanjo-Giwa, the judge, gave the order, Punch reports.

Oyo-Ita is being investigated for N3 billion fraud by Economic and Financial Crimes Commission (EFCC).

She denies any wrongdoing but has resigned her appointment as head of service, and was replaced by Folashade Yemi-Esan.

On Thursday, M.S Abubakar, counsel to the EFCC, told the court that the funds were voluntarily returned to the commission as proceeds of crime, saying no one has challenged the order of the court when it made a ruling for the temporary forfeiture of the funds.

The funds have been paid into an account domiciled in the Central Bank of Nigeria (CBN) as soon as it was returned by the suspect, he said.

Leave a comment