January 22, 2022

ICPC secures forfeiture of N110.4m traced to primary school teacher, others

ICPC secures forfeiture of N110.4m traced to primary school teacher, others

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday said it has secured the forfeiture of N110.4 million traced to the bank accounts of one Mr James Erebuoye and seven other suspects, including a primary school teacher, Mrs Roseline Uche Egbuha.

The commission said a Federal High Court in Abuja ordered the interim forfeiture of the cash.

The court order followed an ex-parte motion filed by Raheem Adesina on behalf of ICPC before Justice D. Okorowa.

The commission further prayed for an order of interim forfeiture of a Toyota Lexus Jeep and a Toyota Venza car, including an Ipad.

A statement by the spokesperson of the ICPC, Mrs Azuka Ogugua said: “The properties were seized by the commission from Erebuoye and his accomplices who were alleged to have benefitted from over N500 million illicit fund stashed in the account of a primary school teacher, Mrs Roseline Uche Egbuha.

“The money to be forfeited includes N17.4 million that was transferred to the bank account of Erebuoye, N14.2 million to an account owned by one Ojo Alonge, N16.4 million to a company called DY Bako and Sons Limited and N30.8 million to another company known as Dorason Construction Limited.

“The order for interim forfeiture also covers the sums of N7.1 million traced to an account owned by Owoyemi Mayowa, N8.2 million and N6.5 million traced to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively.

“Teacher (Mrs)  Egbuha, who teaches at Ozala Primary School, Abagana, Anambra State, was arrested in June 2020, by the Commission for allegedly laundering N550 million.”

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