Court orders EFCC to release UK properties of Benedict Peters

macfranc007 July 07, 2018 Nigeria News today & Breaking news ▷ Read Naija news 24/7 Adeola Opeyemi

- An Abuja Federal High Court has ruled in favour of Aiteo boss, Benedict Peters

- The court has directed the immediate releases of his properties seized by the EFCC

The Federal High Court sitting in Abuja has, today 6 July 2018, directed the immediate release of two properties located in the United Kingdom belonging to African Billionaire businessman and Aiteo boss, Benedict Peters.

The properties had been the subject of an Interim Forfeiture Order obtained by the Economic and Financial Crimes Commission (EFCC) in 2016, allegedly in the course of its investigation of allegations of corruption against the former Petroleum Minister, Mrs Dieziani Alison-Madueke.

By this decision, the court has upheld Peters’ case that the properties wholly belonged to him; was unconnected to any activities of the former minister and were unlawfully as well as unjustifiably included in a list of properties the Commission tried to seize.

The judge, Mrs Justice Nyarko found that a court of Federal Capital Territory (FCT) being competent and coordinate jurisdiction had, in a judgment in separate proceedings, made significant findings with respect to Peters’ means of livelihood.

The judge ruled that the same court had confirmed his legitimate acquisition of a number of London-based properties including the two properties at Flat 5, Parkview, 83-86 Prince Albert Road as well as Flat 58 Harley House, Marylebone Road, both in London and had declared that those assets were insusceptible to forfeiture under any circumstance.

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Justice Nyarko directed that in that event, those properties could not continue to be restrained by the order EFCC had obtained and directed that the properties be released to Peters immediately. Full Report to follow.

Meanwhile, NAIJ.com earlier reported that a Federal High Court sitting in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to unconditionally unfreeze the accounts of Senator Abdullaziz Nyako and a company linked to him without further delay.

Nengiofori Jumbo, Senator Abdullaziz Nyako and Blue Opal Nigeria Ltd (Applicants) had in June 2015, dragged the EFCC to court over the freezing of their accounts and sealing of the Hillview Estate, Abuja, owned by the senator.

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