NWAOBOSHI GIVEN 30 DAYS TO EXPLAIN WHY HIS PROPERTIES AND 22 BANK ACCOUNTS SHOULD NOT BE FORFEITED TO FG

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NWAOBOSHI GIVEN 30 DAYS TO EXPLAIN WHY HIS PROPERTIES AND 22 BANK ACCOUNTS SHOULD NOT BE FORFEITED TO FG

The Abuja Division of the Federal High Court has approved an interim forfeiture of Senator Peter Nwaoboshi’s properties to the Nigerian government.

The court made an initial order for the confiscation of 14 properties and 22 bank accounts linked to Senator Nwaoboshi on Tuesday. The bank accounts were traced to Zenith Bank, UBA, Access Bank and Sterling Bank, and they were all joined in the suit, the temporary forfeiture order seen by PREMIUM TIMES showed.

The Delta North senator was given 30 days to justify how he acquired the properties and convince the court not to grant a permanent forfeiture of the assets to the Nigerian government.

The 12 storey Delta State Guinea House allegedly bought by Sen. Nwaoboshi with funds got through criminal proceeds.

The order came amidst a deepening probe of Senator Nwaoboshi’s wealth, which federal authorities argued was ill-gotten and should be forfeited.

The senator was arraigned previously on allegations of false assets filings, but the tribunal that had powers to hear the case in Abuja threw it out, citing prosecutors’ failure to follow procedures for filing such a case.

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