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Author Topic: Edo to EFCC -'Return N500m seized from Igbinedion'  (Read 1319 times)

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Offline legendguru

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Edo to EFCC -'Return N500m seized from Igbinedion'
« on: November 11, 2016, 01:00:59 AM »
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Edo State has asked the Economic and Financial Crimes Commission (EFCC) to return N500million and property seized from convicted former Governor Lucky Igbinedion to it.


This request is contained in a November 7 letter to the EFCC through the state government’s lawyer Mr Femi Falana (SAN).

Igbinedion was arraigned in 2008 along with his company Kiva Corporation Limited on sundry allegations of defrauding the state government.

The charges were subsequently amended pursuant to a plea bargain agreement. They pleaded guilty.

The convicts were ordered to forfeit N500million to the Federal Government as well as three properties.

They included a landed property measuring 4,823.02 square meters in Asokoro, Abuja, a detached two plots of land comprising four bedrooms and boys quarters at 57 Ihama Road in Benin City and a storey building and a bungalow at 24, Izekor Street, off Chris Mary Street, also in Benin City.

“While thanking the EFCC for the successful prosecution of the defendants, it will be accepted if the said sum of N500million and the three properties which have been recovered on the orders of the Federal High Court are transferred to the Edo State Government forthwith,” Falana wrote.


 

 

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