Author: Chronicle Editor

Omatsuli’s N3.6bn NDDC fraud case set for March Judgement

Justice Chuka A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Monday, December 10, 2018, ordered the final forfeiture of a number of properties worth N1.8bn recovered from the Executive Director, Projects, Niger Delta Development Commission, NNDC, Tuoyo Omatsuli, to the Federal Government. The Judge had, on Thursday, May 17, 2018, ordered the interim forfeiture of the properties, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC. The properties are: Block 117, Plot 4, Lekki Peninsula Scheme, TPAO 992, Ikate Ancient City, Eti-Osa L.G.A, Lagos, measuring 1804.089 sqm and Plots 1-18, Block 43,…

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