N5.6 billion pension fraud: EFCC secures order to confiscate Oyo suspects’ property

Properties of eight of the 10 accused will be seized.

The Oyo State High Court on Thursday granted the Economic and Financial Crimes Commission, EFCC, the relief to confiscate the property of suspects in the N5.6 billion pension scam in the state.

The former Head of Service of the State, Kudirat Adeleke, and 10 others were on Thursday, November 7, 2013, arraigned by the EFCC on a 213-count charge of conspiracy, obtaining money through false pretense and forgery. The anti-graft agency, in December, sought an order for confiscation of properties belonging to eight of the accused persons.

While granting EFCC’s prayer on Thursday, Justice Eni Esan ceded custody of the items to the agency pending the time of determination of the suit.

“An order is hereby made granting interim attachment/forfeiture of the property listed in this application to the Federal Government pending the hearing and final determination of charge No 1/6EFCC/2013-FG vs Muili Hakeem Aderemi and others. An order is also made granting attachment/forfeiture of the property of the persons listed in schedules 1-9 of this application pending conclusion of investigation into other acts of fraud and criminal allegations being carried out against them by the Economic and Financial Crimes Commission,” the judge declared in the order.

The affected property owners were Muili Aderemi, Iyabo Giwa, Oguntayo Banji, Adebiyi Olasumbo, Adeleke Iyabo, Adeduntan Johnson, Kareem Rasheed and two companies – Fimhab Nigeria Limited and Dumath Investment and Services Nigeria Ltd.

Some of the property of the accused persons as listed were two fully detached duplex at Ogo-Oluwa Estate, Ibadan, farmland with poultry and husbandry pen, three tipper lorries, four cars, one SUV, three pick up vans belonging to Fimhab Nigeria Ltd, plot of land measuring 900 square metres, plot of land measuring 795 square metres and several other valuable property.

Meanwhile, hearing of substantive suit against the accused persons has been scheduled to begin on Friday, February 14 before Justice Mistura Bolaji-Yusuf of the state High Court.


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