Bizman Arraigned For Allegedly Tempering With Forfeited FG Property
Azeez Folorunso
THE Economic and Financial Crimes Commission (EFCC) on Monday arraigned a businessman, before a Lagos Special Offences Court sitting in Ikeja for allegedly tampering with forfeited property.
Ifeanyi Bosah-Reginald was arraigned on one count charge alongside his companies, Magnificat Homes & Leisure Ltd. and Fifth Neighbourhood Management Ltd.
The anti-graft agency alleged that the defendant ran foul of the offence of dealing with forfeited property without authorisation contrary to Section 12(1) of the EFCC (Establishment) Act 2004.
The defendant, however, pleaded not guilty to the charge.
Counsel to the EFCC, Mr Babatunde Sonoiki, following the defendants’ not guilty plea, applied to the court that the first defendant be kept in appropriate custody and also asked for a trial date.
Meanwhile, Eighteen-Eleven Media reports that the defendants were alleged to have trespassed on a property belonging to one Jokotade Tade Estate Resources Ltd. and that of one Mrs Foloshade Ogundare.
The EFCC maintains that the property, the subject of a forfeiture order in suit ID/2168/2015, was said to be measuring about 10,687 hectares, situated at Sangotedo Lekki, Lagos State.
It said the property had been forfeited to the Federal Government of Nigeria based on the interim forfeiture order of a court of competent jurisdiction.
Justice Rahman Oshodi however ordered the remand of the first defendant in the Kirikiri Correctional Facility
The judge adjourned the case till 31 May for commencement of trial.
Eighteen-Eleven Media
