The Economic and Financial Crimes Commission (EFCC) obtained the final forfeiture of N827.7 million from two Niger Delta Development Commission (NDDC) firms classified as contractors.
The businesses are GMFD Projects Limited and Flank Capacity Capital Limited.
In a statement signed on Monday by its spokesman, Dele Oyewale, the EFCC claimed that the order was issued by Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, on June 29.
The provisional forfeiture of the money was obtained by the EFCC on June 8.
“The court directed us (EFCC) to publish it in national newspapers within 14 days after we secured the provisional forfeiture of the said amount for unethical practices from the court,” Mr. Oyewole said later in a telephone interview with PREMIUM TIMES when describing the reasons for the final forfeiture.
“If anyone has an objection to the ownership of the properties, he should come up before it is being forfeited to the government. So after 14 days, nobody came up. The court then granted a final for forfeiture,” he added.
He said the order followed an affidavit asking the court for the forfeiture of the sum to the federal government of Nigeria, being proceeds of unlawful activity, traced to some contractors’ accounts with Zenith Bank.
In recent weeks, a lot of controversies had emerged around the NDDC.
The two chambers of the National Assembly had, a few weeks ago, held investigative hearings on allegations of corruption in the commission.