Court orders final forfeiture of over N700m linked to ex-Zamfara Governor Yari


 Eric Ikhilae, Abuja

 

A FEDERAL High Court in Abuja has ordered the final forfeiture of various amounts, estimated at about N700 million, linked to former Zamfara State Governor Abdulaziz Abubakar Yari.

The Independent Corrupt Practices and other related offences Commission (ICPC) claimed that Yari kept the funds in accounts in Zenith and Polaris banks, using his two companies, Kayatawa Nigeria Limited and B. T. Oil and Gas Nigeria Limited.

In a judgment on Tuesday, Justice Ijeoma Ojukwu held that Yari could not prove how he got the funds while or before serving as governor of Zamfara State between May 29, 2011 and May 29, 2019.

He queried how one of the companies’ bank accounts grew from zero to $301,319 at the end of his tenure.

The judge, who said Yari could not claim the funds as his without providing evidence, rejected his claim that the action of the ICPC was political witch-hunt.

“There is nothing wrong in having huge sums of money in…



Read All From The Original Article on The Nation

Be the First to get breaking news in Nigeria. Download All Naija Media App Now.  Also. Advertise with us.

%d bloggers like this: