Why we marked Orji Kalu's properties for seizure - EFCC

Why we marked Orji Kalu's properties for seizure - EFCC

- The Economic and Financial Crimes Commission has given reasons for marking properties of a jailed federal lawmaker, Senator Orji Uzor Kalu, for seizure

- The anti-graft agency said its actions were in line with the court judgement that found Kalu guilty of diverting billions of Abia state funds and also ordered forfeiture of his assets to FG

- EFCC also said it marked the properties in order to prevent them from disappearing into thin air

Nigeria's foremost anti-corruption agency, the Economic and Financial Crimes Commission (EFCC) has revealed why it marked the properties of jailed Senator Orji Uzor Kalu for seizure, on Saturday, December 14.

EFCC said in a brief statement it released on Sunday, December 15 morning that it took the action to prevent the properties from dissipating (wasting away) since they now belong to the federal government.

"The marking is to ensure that the properties are not dissipated, following the December 5, 2019 order of Justice Muhammed Idris sitting at the Federal High Court in Ikoyi, Lagos that Kalu’s company, Slok Nigeria Limited, be wound up and all assets forfeited to the Federal Government," the EFCC statement explained.

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Legit.ng recalls that Kalu was sentenced to 12 years in prison along with two others and his properties ordered forfeited to FG.

Legit.ng further gathered that the action of the anti-graft agency has drawn the anger of one of the businesses founded by Kalu, the Daily Sun newspapers.

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The national daily protested the marking of its offices by the EFCC in a statement it released on Saturday, noting that the firm was a public company which did not solely belong to the jailed federal lawmaker.

Why we marked Orji Kalu's properties for seizure - EFCC

Senator Orji Kalu was found guilty of diverting N7.65bn of Abia state funds into his personal use.
Source: UGC

The company also noted that it had filed an appeal at the Supreme Court against the forfeiture order issued by a Court of Appeal in 2007 and the matter is still before the apex court.

Legit.ng had reported on Saturday that the EFCC kicked off moves to seize some assets belonging to Senator Orji Uzor Kalu, a former Abia state governor by marking properties belonging to him.

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Kalu was convicted of stealing N7.65b from the Abia state treasury.

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Source: Legit.ng

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