Categories: featuredNews

Retired Admiral Forfeits N510m To EFCC

A former Director of Navy Accounts, Rear Admiral, Tahir Yusf (retd.), has temporarily forfeited N510m to the Economic and Financial Crimes Commission.

The accounts include Bitmas Enterprises domiciled in Zenith Bank and Tahir Yusuf domiciled in Skye Bank.

The sum, which is in naira, dollars and pounds, totalled N510m.

Justice Ijeoma Ojukwu of a Federal High Court sitting in Abuja granted the interim forfeiture order after a motion was filed by Mrs Elizabeth Alabi on behalf of the EFCC.

The court had in February granted an ex parte motion filed by the commission seeking the freezing of the seven accounts.

The EFCC approached the court again in November seeking the permanent forfeiture of the funds which was allegedly stolen from the Nigerian Navy.

Granting the prayers of the EFCC, the court said that the order be published in a national newspaper and on the website of the commission.

She adjourned till November 28 for further proceedings.

Recent Posts

Alleged 70bn Fraud: Protesters Occupy EFCC Headquarters, Demand Reopening Of Matawalle’s Probe

Scores of protesters under the auspices of the All Progressives Congress (APC) Loyalists Forum, on…

36 seconds ago

Banik: Oyetola Parades Reckless Writers, Talkers – Omoluabi Progressives

A caucus of the All Progressives Congress (APC) in Osun, the Omoluabi Progressives, has stated…

17 mins ago

Govt Contributing To Worsening Food Inflation, Says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has blamed the government for…

3 hours ago

Why I Stopped Watching Chelsea, Benfica Games – Jose Mourinho

Jose Mourinho, the ex-manager of Chelsea, has disclosed that he no longer watches matches at…

3 hours ago

Division In NANS Over Call To Sack Power Minister, Adelabu

There seems to be a division in the leadership of the National Association of Nigerian…

3 hours ago

Meet Kwara Teenager, Olukayode With 362 Score In UTME

Amidst the outrage that greeted the recent announcement by JAMB that 1.4 million out of…

4 hours ago

This website uses cookies.