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Abdullahi Saidu's Property Forfeiture Case Adjourned Again

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This Day
Abdullahi Saidu's Property Forfeiture Case Adjourned Again

Abdullahi Saidu's bid to set aside an interim forfeiture order against his properties was delayed when a hearing in the Federal High Court, Abuja, was adjourned to October 16, 2023. The Economic and Financial Crimes Commission (EFCC) had obtained an ex parte order to seize Saidu's assets pending the resolution of a case involving alleged fraud amounting to N2.5 billion.

Saidu is contesting the order issued by Justice Musa Liman. The EFCC's lawyer, Mr. J.N Dongonyaro, informed the court that he had not yet filed a response to Saidu's application.

The properties under the forfeiture order include two four-bedroom semi-detached duplexes in Kubwa, a three-bedroom terrace duplex along the Abuja-Kaduna Expressway, two plots of land, and Ngeil Supermarket Plaza in Niger. The EFCC's investigation stemmed from a petition by Alhaji Adamu Ya’u, who accused Saidu and others of defrauding him in a diamond transaction, leading to the alleged fraudulent collection of $2 million.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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