Sponsored
News

Breaking: Sierra Leonean Woman, Nora Johnson, Co-Conspirators Refund N507m

Sponsored
Sponsored

Sources within the Economic & Financial Crimes Commission (EFCC) have confirmed that N507m has been recovered from Nora Johnson, the Sierra Leonean woman involved in a case of multi-million Naira fraud against her former employers, and her co-conspirators.

It was gathered that while Nora Johnson refunded N100m on account of her involvement in the fraud to the EFCC, some of the conspirators in the years-long racket refunded N400m, another accused person refunded N7m on behalf of Nora Johnson.

 However, Nora Johnson, according to the EFCC source, reneged on paying the expected balance, which led to her present predicament. 

Nora Johnson came into public consciousness days back when she did a video wailing about the confiscation of her house.

It would emerge that Justice A. Lewis Allagoa, Presiding Judge, Federal High Court (Lagos Division) had ordered that the EFCC should take possession of all properties and bank accounts owned by Johnson and five others.

This followed an application on behalf of the Federal Government of Nigeria by the EFCC, which charged her to court and subsequently led to the interim forfeiture of her assets on the order of Justice A.M. Liman on February 16, 2021.

However, on March 21, 2021, Ms Johnson and the other respondents: Babajide Aremu Johnson, Olabose Ibrahim Falobi, Steve Nnamdi Izebu, Steve Ibem and Bakoliza Limited went to court to suspend or stay execution on Justice Liman’s order. They had sought the following: an order to discharge the interim order of forfeiture of assets, an order discharging the final forfeiture and any other orders as deemed fit by the court.

In his judgment after hearing J.O. Adeyemi Esq, Counsel for the Applicant/Respondent and V.C. Nwokafor Counsel for the 1st, 2nd and 6th Respondents/Applicants, Justice Allagoa ordered that the motion of Ms. Olumide and the other respondents dated March 12, 2021, be set aside.

The judgment, delivered on July 14, 2021, stated further: “That the order of Justice Liman stands in all its ramifications” and “That the Economic and Financial Crimes Commission (EFCC) are entitled to take possession of all that property subject of the Order of my Lord A.M. Liman on the 16th day of February 2021.”

Sponsored
Alinnor Arinze

Recent Posts

Ikeja LG Boss, Comrade Dauda Commends CAN Over Prayers For Nigeria & Tinubu

ADEOLA OGUNLADE  The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has…

24 minutes ago

Presidency Clarifies Ongoing U.S. FOIA Case, Says It Is Not A Criminal Matter Against President Tinubu

The Presidency has clarified that an ongoing Freedom of Information Act case before the United…

25 minutes ago

Nigeria’s Naira Heads for Best Annual Performance Since 2018

Nigeria’s currency, 'Naira' is on track for its strongest annual performance in almost a decade,…

4 hours ago

inDrive Reaffirms Long-Term Commitment To Nigeria’s Mobility Market

Global mobility platform, inDrive, has reaffirmed its long-term commitment to Nigeria, saying the country remains…

5 hours ago

Lai Mohammed Chairs 7th Freedom Online Yearly Lecture, Urges Media Responsibility Ahead of 2027 Elections

AISHA ABUBAKAR Former Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday called for…

6 hours ago

Ooni Celebrates Prince Ademakinwa As He Clocks Two & Offers Ancestral Blessings

The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula…

10 hours ago
Sponsored