A Lagos Federal Excessive Court has ordered that the sum of N200 million, stored in some industrial banks by two navy officers and their three firms, be forfeited to the federal authorities of Nigeria, pending the result of the investigation on similar.
The two navy officers recognized as Adamu Bello Argungu and John Onimisi Ozigi, in accordance to EFCC, fraudulently withdrew the cash from the Defence Headquarters over-head bills accounts. They used the cash to fund their firms specifically Falsal & Co World Providers Nigeria Restricted; Diamond Head Ventures & Improvement Firm Restricted; and Sweetex Bureau De Change Restricted.
Justice Sule Hassan, who presided over the matter, gave the decision after listening to the submissions of Mr. Nkereuwem Mark Anana, the EFCC lawyer, who moved an exparte software for the order.
The EFCC in an affidavit deposed to by one in every of its operative, Intelligent Ibrahim, averred that the two navy officers, Adamu Bello Argungu and John Onimisi Ozigi are of the Nigerian Military and Air Pressure respectively, who made a number of unauthorized withdrawals from the Defence Headquarters Overhead Bills Account.
The deponent additionally acknowledged that the cash was deposited not in their wage accounts, nor the accounts belonging to the Defence headquarters, however in company accounts and different accounts belonging to their firms.
In accordance to him, the accounts the place the mentioned cash are domiciled are Warranty Belief Financial institution (GTB) account quantity 0142893798; 0229980366; 0023038546; 0023038553; 00223038539; 0052260716 and 0023673121, belonging to Adamu Bello Argungu and Falsal & Co Gloval Providers Restricted. Whereas Skye Financial institution Plc with account numbers: 1060118510 and 4010007344 belongs to John Onimisi Ozigi and his firm, Diamond Head Ventures & Improvement Restricted.
He added that components of cash have been stored in First Metropolis Monument Financial institution (FCMB) account numbers 3584478019 and 3584478026 belonging to Sweetex Bureau De Change Restricted and Zenith Financial institution Plc, account with 1010260044, 1010399694 and 1000468142 belonging to Diamond Head Ventures.
He additional mentioned that John Onimisi Ozigi and his firm, Diamond Head Ventures & Improvement Firm Restricted and stored components of their cash in Skye Financial institution Plc’s account numbers: 1060118510 and 4010007344 respectively.
He acknowledged that although, a post-no-debit have been positioned on the accounts by the availability of part 6(5) of the Cash Laundering and Prohibition Act, 2011, which had lapsed after 72 hours, and that the order of the interim forfeiture was sought to debar the respondents from tampering with the cash.