Yari
A Federal High Court in Abuja on Tuesday ordered a final forfeiture of about N284, 306, 294.04 linked to a former governor of Zamfara, Abdulaziz Yari, to the Federal Government.
The money was said to have been lodged with Zenith Bank Plc and Polaris Bank.
Justice Ijeoma Ojukwu of the FHC who gave the final forfeiture order said that Yari could not show how he made the huge sum of monies while or before serving as governor of the state (between May 29, 2011, and May 29, 2019).
Yari and two companies belonging to him (Kayatawa Nig. Ltd and B.T. Oil and Gas Nig. Ltd) were indicted for alleged fraud and were dragged to the court by the Independent Corrupt Practices and Other-Related Offences Commission.
3 min read
The Federal High Court, Abuja, on Tuesday, ordered the final forfeiture of funds belonging to a former governor of Zamfara, Abdulaziz Yari, domiciled in Zenith and Polaris Banks.
While $56, 056.75 was lodged in Polaris Bank account, the sums of N12.9 million, N11.2 million, $301, 319.99; N217, 388.04 and $311, 872.15 were kept in different Zenith Bank accounts in the name of Mr Yari and his companies, the News Agency of Nigeria reported Tuesday.
The judge, Ijeoma Ojukwu, held that the former governor had not shown good cause why the order sought by the Independent Corrupt Practices and Other Related Offences Commission (
ICPC) should not be granted.
TODAY
Silverbird Television
Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday, attributed the rising spate of insecurity in the country to the retention, for far too long, of Service Chiefs who were no longer delivering as expected by President Muhammadu Buhari.
Frank who was reacting to what he described as the earlier reluctance and eventual sack of the Service Chiefs, as well as appointment of new ones in a statement in Abuja, lamented that despite a whooping one term and a quarter of Buhari’s administration (about six years), that the administration “has not achieved any decisive victory against Boko Haram, murderous herdsmen, bandits and kidnappers.”
Court orders final forfeiture of over N700m linked to ex-Zamfara Gov, Yari withinnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from withinnigeria.com Daily Mail and Mail on Sunday newspapers.
Court orders final forfeiture of ex-Governor Yari’s money in naira, dollars kept in banks Court orders final forfeiture of ex-Governor Yari’s money in naira, dollars kept in banks
Share
The Federal High Court, Abuja, on Tuesday, ordered the final forfeiture of former Governor of Zamfara State, Abdulaziz Yari’s funds domiciled in Zenith and Polaris Banks.
The funds include $56,056.75 in Polaris Bank; N12.9 million, N11.2 million, $301,319.99; N217,388.04 and $311,872.15 in different Zenith Bank accounts in the name of Yari and his companies.
Justice Ijeoma Ojukwu, in a judgment, held that the former governor had not shown good cause why the order sought by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) should not be granted.