TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Governors’ Forum: Appeal Court sanctions final forfeiture of N1.4bn Paris Club Refund

The Citizen by The Citizen
June 1 2019
in Financial Crimes
A A
0
Governors’ Forum: Appeal Court sanctions final forfeiture of N1.4bn Paris Club Refund

The Court of Appeal in Lagos on Friday granted the request of the Economic and Financial Crimes Commission (EFCC) for the final forfeiture of N1.4 billion which a firm, Melrose General Services Limited, obtained from the Nigeria Governors’ Forum (NGF) through false claims.

Melrose is allegedly linked to outgoing Senate President, Dr Bukola Saraki, whose two aides-Gbenga Makanjuola and Kolawole Shittu are being prosecuted by the EFCC in respect of the matter.

Justice Cecilia Olatoregun of the Federal High Court in Lagos had on April 27, 2018 ordered the final forfeiture of the said N1.4 billion to the Federal Government.

Dissatisfied with the verdict of Justice Olatoregun, Melrose General Services approached the appellate court for redress, asking it to set aside the pronouncement of the lower court.

But in its judgement on the matter on Friday, the Court of Appeal dismissed the appeal of Melrose (the appellant) and resolved the four contentious issues in favour of the EFCC (the first respondent).

The appellate court further held that Melrose appeal lacked merit and ordered the firm to pay 100,000 cost to the EFCC.

The appellate court also held that Melrose could not show that the said funds were lawfully earned by it.

It added that section 17 of the Advance Fee Fraud Act, 2006, which the EFCC relied on to seek for the forfeiture of the said funds was constitutional.

According to the Court of Appeal, Melrose was not denied fair hearing in the matter.

Justice of the Court of Appeal (JCA), Justice Tijjani Abubakar wrote the lead judgement, Justice E. Tobi delivered the judgment while Justice O. A. Obaseki-Adejumo concurred with the verdict.

Lawyer to the Melrose, Mr Olawale Akoni (SAN) argued the appeal while the lawyer to the EFCC, Mr Ekele Iheanacho, appeared for the Commission.

The EFCC had claimed that Melrose obtained N3.5bn from the Nigeria Governors’ Forum by making false claims.

Listed as defendants in the final forfeiture application filed before the Federal High Court were Melrose General Services Limited, WASP Networks Limited and Thebe Wellness Services.

The firms were accused of impersonating a consortium of consulting firms engaged by the NGF for the “verification, reconciliation and recovery of over-deductions on Paris and London Club Loans on the accounts of states and local governments between 1995 and 2002.”

But the EFCC insisted that the original firms engaged by the Governors’ Forum were GSCL Consulting and Bizplus Consulting Services Limited.‎

Usman Zakari, the alter ego of Melrose General Services Limited, Robert Mbonu, made a false representation to the Governors’ Forum, causing the forum to pay N3.5bn to his company on December 14, 2016.

Zakari said the money was credited into the Access Bank account of Melrose General Services Limited, adding that Melrose and others dissipated and laundered about N2.3bn out of the money between December 15, 2016, and January 20, 2017, leaving a balance of N1.2bn.

Zakari said the anti-graft agency had also recovered N220m out of the laundered sum from WASP Networks Limited and Thebe Wellness Services.

The EFCC had on October 13, 2017 obtained an interim order from Justice Mojisola Olatoregun, placing a “Post No Debit” order on the accounts containing the N1.2bn and N220m.

The Judge had made the order following plea by the lawyer to the EFCC, Mr Ekene Iheanacho, that it would best serve the interest of justice for Melrose and others to forfeit the N1.4bn temporarily to prevent them from dissipating same.

The Judge, after granting the interim freezing order in 2018, directed the EFCC to publish the order in a national daily giving anyone interested in the funds 14 days to appear before the court to show cause why the funds should not be forfeited permanently.

Subsequently, one Prince Godwin Maduka and Linas International Limited showed up before the court, praying separately that the funds should be forfeited to them.

Maduka claimed that his firm, Udemgaba Maduka & Associates, had been engaged in 2011 as a consultant by Zamfara State Government to help the state recover some hanging funds, with an agreement that it would be paid 20 per cent of the recovered funds.

He urged the court to forfeit the N1.4bn to his company to cover Zamfara State’s alleged indebtedness to him.

But the EFCC opposed Maduka, contending that the suit was not a debt recovery suit and that Zamfara State was not a party to the suit.

In her verdict on the matter, Justice Olatoregun upheld the EFCC’s argument and dismissed Maduka’s claims.

On its own part, Linas International Limited said it was entitled to the payment of $6m from Nigeria Governors’ Forum.

But Justice Olatoregun also dismissed its claim, holding that the suit was not a debt recovery suit.

Having dismissed both claims, the judge ordered the permanent forfeiture of the N1.4bn to the Federal Government.

Previous Post

Oando: SEC bans Wale Tinubu from PLCs for five years

Next Post

Shiites burn Trump effigy, U.S, Israeli flags in Abuja protest

Related Posts

Court dismisses El-Rufai’s suit against DSS, EFCC, ICPC, others
Financial Crimes

Court dismisses El-Rufai’s suit against DSS, EFCC, ICPC, others

October 9 2026
FG assures 21-month delivery of Lekki Deep Seaport–Epe Road
Financial Crimes

Umahi threatens EFCC, ICPC action against non-performing contractors

October 7 2026
Court reserves judgment on El-Rufai’s bail appeal
Financial Crimes

Court reserves judgment on El-Rufai’s bail appeal

October 6 2026
Money Laundering: Thousands of Ddllars flown out of Nigeria every hour – INTERPOL
Financial Crimes

EFCC probes suspect with fake $212,200 in Kano

September 17 2026
Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence
Financial Crimes

Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence

September 11 2026
‘Fake’ Agency: Adeyemi insists DG appointment genuine
Financial Crimes

Reps panel traces 58 bank accounts, 12 entities, 39 workers to fake PFIPC DG

September 2 2026
Next Post
Shiites burn Trump effigy, U.S, Israeli flags in Abuja protest

Shiites burn Trump effigy, U.S, Israeli flags in Abuja protest

Gov. Okowa presents N298.07bn budget for 2018

Delta State to establish 19 more technical colleges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

GLOBAL NEWS

US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

by The Editor
October 9 2026
0

...

EU provides €225,000 aid to displaced persons in Kebbi

EU provides €225,000 aid to displaced persons in Kebbi

by The Editor
October 9 2026
0

...

France braces for nationwide school protests after injuries, mass arrests

France braces for nationwide school protests after injuries, mass arrests

by The Editor
October 6 2026
0

...

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ex-AGN president Rollas apologises to Regina Daniels, Ned Nwoko

Ex-AGN president Rollas apologises to Regina Daniels, Ned Nwoko

October 9 2026
US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

October 9 2026
Bandits kill humanitarian worker in Sokoto

Bandits kill humanitarian worker in Sokoto

October 9 2026
How herdsmen invited new terrorist group, Lakurawa, to Sokoto

Lakurawa attack kills two soldiers, Chinese in Kebbi

October 9 2026

EDITORIAL REVIEW

Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum

Tinubu’s extended absence – Punch

by The Editor
October 8 2026
0

FG secures $747m loan for Lagos-Calabar Highway

Disorder on Lagos-Calabar Highway – Punch

by The Editor
October 7 2026
0

Averting another workers’ strike – Punch

Averting another workers’ strike – Punch

by The Editor
October 6 2026
0

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.