12 February 2017
Immediate past Minister of the Federal Capital Territory, Senator Bala Mohammed and his son, Shamsudeen, have been ordered to temporarily forfeit 10 properties to the Federal Government.
The duo were also barred from selling anything found in the properties, including luxury cars, jewelries and other valuables.
This order was given by two Federal High Court judges.
Justice Okon Abang of the Federal High Court, Abuja ordered the temporary forfeiture of the properties “to the Federal Government pending the conclusion of investigation and determination of criminal charges against the suspects.”
“The court also gives the commission power to appoint competent persons/firm to manage the assets/properties listed,” he said.
Also, Justice Gabriel Kolawole of the Federal High Court, Abuja, ordered that the assets be “forfeited to the Federal Government pending the conclusion of investigation and determination of the criminal charges against the suspects.”
“The court also forbids any disposal, conveyance, mortgage, lease, sale or alienation or otherwise of the property/assets,” justice Kolawole said.
It would be recalled that on February 1, 2016, the Economic and Financial Crimes Commission (EFCC) arraigned Shamsudeen for alleged fraud to the tune of N1,105,719,005.
EFCC also slammed 15 charges on Shamsudeen and four other companies.
The EFCC accused Shamsudeen of carrying out business transactions worth billions of naira in cash, which is in violation of the Money Laundering Act.
Punch reports that some of the properties include three plots of land with development at various stages of completion at No. 54 Mike Akhigbe Way, Jabi, Abuja; Plot 2276 Sunrise Estate, Asokoro, Abuja, and Plot 1804 Damaturu Crescent, off Ahmadu Bello Way, Garki 11, Abuja.
Two other properties, belonging to the ex-minister, which were also seized by the EFCC, are located at No. 1 and 3 Marian Street, Asokoro, Abuja, and a twin plaza at Wuse Zone 3 by Tamarak Guest Inn, Abuja.
The EFCC also seized five other properties, belonging to the ex-minister’s son.
The properties are at 7 Gana Street, Maitam, Abuja; an estate and plaza at Dawaki, opposite Gwarinpa, Abuja; an estate at Jahi District, Abuja; three duplexes at Abuja Investment Company Limited Estate, Abuja, and a shop at Dubai Market, Kaura District, Abuja.
Author: Janet Johnson
Janet Johnson is a writer who is passionate about helping people and giving solutions to peoples’ needs and problems.
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