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

Court grants ICPC request to freeze ex-Gov. Yari’s accounts

The Citizen by The Citizen
August 17 2019
in Financial Crimes
A A
0
Zamfara governor allegedly denies rights, privileges to deputy

The Federal High Court on Friday ordered the interim forfeiture of a bank account of the immediate-past governor of Zamfara State, Abdulaziz Yari, and those of two other firms linked to him.

The two companies are Kayatawa Nigeria Limited and B.T. Oil and Gas Nigeria Limited.

The six accounts frozen by the court on Friday were said to be bearing cumulative sums of N24,289,910 and $669,248.

The Independent Corrupt Practices and other related offences Commission (ICPC) which obtained the order of interim forfeiture on Friday stated that Yari “siphoned the funds of Zamfara State Government and by extension the Federal Government of Nigeria through the 2nd and 3rd respondents (the two companies).”

Justice Taiwo Taiwo made the order on Friday following an ex parte application by ICPC, which Yari and the two companies “are involved in some unlawful activity against the interest of the Zamfara State Government and by extension the Federal Government of Nigeria.”

The affected accounts included one described as Yari’s salary account as governor of Zamfara State from 2011 to 2019.

The Zenith Bank Plc with number 100138168 was said to be containing N12,912,848.68.

The others included Zenith Bank account 1010757436 belonging to Kayatawa Nigeria Limited in Zenith Bank and containing the sum of N11,159,674.17;  and another Zenith Bank account 1012556798 belonging to B.T. Oil and Gas Nigeria Limited with the sum of N217,388.04 in it.

The rest are three separate dollar accounts, one of which is Yari’s  with number  21100000928 at Polaris Bank and bearing the sum of $56,056.78.

The others were two Zenith Bank  accounts, one of which was numbered 5360050304 belonging to Kayatawa Nigeria Limited said to contain the sum of $301,319.99, and the other numbered 5364669609 held in the name of B.T. Oil and Gas Nigeria Limited at Zenith Bank Plc said to have $311,872.15.

Justice Taiwo granted the eight specific prayers sought by the ICPC, including “an order restraining any person or persons whether human, juristic or artificial, not to part with, deal eal in or otherwise dispose of such property or any part therof the accounts”.

The judge held that granting the interim order of forfeiture was not in breach of the rights of the respondents.

He ordered ICPC to publish the interim order of forfeiture in PUNCH newspapers within seven days and directed the respondents (Yari, and the two companies) and any other parties interested in the assets, to within 14 days from the date of the publication of the order, file  application showing cause why the order of final forfeiture of the proceeds of the account to the Federal Government should not be made.

In a related development, Justice Taiwo on Friday fixed Monday for ruling on an ex parte application by Yari seeking an order compelling the ICPC and the Attorney-General of the Federation to unseal his house said to have been sealed without court order.

His lawyer, Mahmud Magaji (SAN), argued the application, urging the judge to compel the respondents – ICPC and AGF – to act in accordance with the law.

Previous Post

Inflation rate drops to 11.08% in July

Next Post

Enugu Police arrest alleged killers of two Catholic priests, kidnap kingpin

Related Posts

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
EFCC summons ex-Gov. Sylva over alleged $14.86m fraud
Financial Crimes

EFCC summons ex-Gov. Sylva over alleged $14.86m fraud

September 1 2026
EFCC offers 5% whistleblower reward for tips on stolen assets abroad
Financial Crimes

EFCC offers 5% whistleblower reward for tips on stolen assets abroad

August 27 2026
NDLEA intercepts Europe-bound cocaine consignments
Financial Crimes

NDLEA opposes bail for 10 in N480bn Ogun meth lab

August 21 2026
Next Post
150,000 police officers on authorised duty – PSC

Enugu Police arrest alleged killers of two Catholic priests, kidnap kingpin

Lagos Assembly passes 2019 budget

Lagos Assembly concludes screening of commissioner-nominees

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

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

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

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

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

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

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest

Nigeria advances research sovereignty as Health Ministry, NHIA, partners convene inaugural Health Financing Forum

September 28 2026
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026
Nigeria, U.S. sign framework for $700 billion mineral investment

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Court nullifies Pantami as Gombe PDP guber candidate

Court nullifies Pantami as Gombe PDP guber candidate

September 25 2026

EDITORIAL REVIEW

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

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 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.