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Court remands businessman for tampering with forfeited property

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By Yetunde Ayobami 

23 April 2024   |   3:19 am

Justice Rahman Oshodi of a Special Offences Court, Ikeja, yesterday, remanded a businessman, Ifeanyi Bosah-Reginald in correctional facility for allegedly tampering with forfeited property.

http://guardian.ng/

Lagos High Court

Justice Rahman Oshodi of a Special Offences Court, Ikeja, yesterday, remanded a businessman, Ifeanyi Bosah-Reginald in correctional facility for allegedly tampering with forfeited property.

The judge made the order following his arraignment by the Economic and Financial Crimes Commission (EFCC), alongside Magnificat Homes & Leisure Limited and Fifth Neighbourhood Management Limited

The anti-graft agency told the court that the defendant allegedly trespassed on property of one Jokotade Tade Estate Resources Limited and that of one Mrs Foloshade Ogundare.

  

The EFCC said that the property which was a subject of forfeited order in suit ID/2168/2015 was said to be measuring about 10,687 hectares, situated at Sangotedo Lekki, Lagos State.

It said the property had been forfeited to the Federal Government based on the interim forfeiture order of the court of competent jurisdiction.

The EFCC had alleged that the defendant ran afoul of the offence of dealing with forfeited property without authorisation contrary to Section 12(1) of the EFCC (Establishment) Act 2004.

 

The defendant pleaded not guilty to the charge. The prosecuting counsel, Mr Babatunde Sonoiki, thereafter, prayed the court to remand the defendant in the appropriate custody and also asked for a trial date.

 

Following the defendant’s plea of not guilty, Justice Oshodi remanded the defendant in Kirikiri Correctional Centre and subsequently adjourned to May 31, for commencement of trial.

NOW

Justice Rahman Oshodi of a Special Offences Court, Ikeja, yesterday, remanded a businessman, Ifeanyi Bosah-Reginald in correctional facility for allegedly tampering with forfeited property.

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