Military officers, 3 firms forfeit N200m to FG

Justice Sule Hassan of a Federal High Court, Lagos, Wednesday, ordered the interim forfeiture to the Federal Government, the sum of N200 million warehoused in some commercial banks by two military officers and their three companies pending the outcome of an investigation..

The Economic and Financial Crimes Commission said the money was withdrawn from the Defence Headquarters’ over-head expenses accounts by the two officers and their companies.

The two military officers are: Adamu Bello Argungu and John Onimisi Ozigi, while their companies are: Falsal & Co Global Services Nigeria Limited; Diamond Head Ventures & Development Company Limited; and Sweetex Bureau De Change Limited.

The EFCC attached with the exparte application marked FHC/L/CS/1094/18, an 18-paragraph affidavit, two exhibits and a written address.

The EFCC in an affidavit deposed to by one of its operative, Clever Ibrahim, averred that the two military officers, Adamu Bello Argungu and John Onimisi Ozigi are of the Nigerian Army and Air Force respectively, who made several unauthorized withdrawals from the Defence Headquarters Overhead Expenses Account.

The deponent said the money was deposited in corporate accounts and other accounts belonging the officers’ companies.