Court Orders Final Forfeiture of N3.44bn Linked to NNPC MD

On March 31, 2026, Justice J.O. Abdulmalik of the Federal High Court in Abuja granted a final forfeiture order for N3,444,000,000 (three billion four hundred forty-four million naira) and three properties linked to Salihu Nuhu Jamari, the Managing Director of the Nigerian National Petroleum Corporation (NNPC).
The Economic and Financial Crimes Commission (EFCC) had filed a motion on March 17, 2026, leading to this ruling. The properties included an incomplete six-bedroom semi-detached duplex in Asokoro, a two-bedroom flat in Ikoyi, Lagos, and a restaurant in Lokogoma, Abuja.
The court's decision followed an interim forfeiture order granted on February 25, 2026, after the EFCC presented evidence of Jamari's involvement in a conspiracy involving kickbacks and money laundering related to contracts awarded to three contractors for major NNPC projects. The case highlights significant issues of corruption within the NNPC.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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