Dauda Lawal
The Supreme Court has ruled that the Economic and Financial Crimes Commission must return the N9 billion it seized from a former executive director of the First Bank, Dauda Lawal.
A five-man panel of the apex court led by Justice Muhammad Lawal Garba, on Friday, in a unanimous decision, dismissed the appeal filed by the EFCC against the judgment of the Court of Appeal which had set aside an earlier ruling by the Federal High Court delivered on February 16, 2007 for the final forfeiture of the sum of N9,080,000,000.00 (Nine Billion and Eighty Million Naira) to the Federal Government of Nigeria.
Supreme Court orders EFCC to return N9 billion to ex-First Bank director, Dauda Lawal
The Supreme Court upholds the decision of the Court of Appeal in Appeal No: SC.212/2020, EFCC v. Dauda Lawal.
The Supreme Court on Friday ordered the
Economic and Financial Crimes Commission (EFCC) to release the N9 billion it seized from a former Executive Director of First Bank, Dauda Lawal.
In a unanimous judgement, the five-man panel, led by Justice Muhammad Lawal Garba, dismissed the appeal filed by the EFCC against the judgement of the Court of Appeal which, among other things, ordered that:
“The decisions of the Federal High Court, Coram Judice: Hassan, J. delivered in Suit No: FHC/L/CS/13/2017 on 16th February 2017 are hereby set aside. The order of final forfeiture of the sum of N9,080,000,000.00 (Nine Billion and Eighty Million Naira) to the Federal Government of Nigeria is hereby set aside. It is hereby ordered that the said sum of N9,080,000,000.00 (Nine Billion and Eighty Millio