ICPC secures forfeiture of N110.4m traced to primary school teacher, others
NEWS DIGEST – The Independent Corrupt Practices and Other Related Offences Commission, ICPC, says it has secured the forfeiture of N110.4 million traced to the bank accounts of one James Erebuoye and seven other suspects, including a primary school teacher, Roseline Uche Egbuha.
Mrs Egbuha, who teaches at Ozala Primary School, Abagana, Anambra State, was arrested in June 2020, by the Commission for allegedly laundering N550 million.
Releasing a statement on Thursday, the spokesperson of the ICPC, Azuka Ogugua, said the court order followed an ex-parte motion filed by Raheem Adesina on behalf of ICPC before Justice D. Okorowa of the Federal High Court in Abuja.
The statement said: “The properties were seized by the commission from Erebuoye and his accomplices who were alleged to have benefitted from over N500 million illicit fund stashed in the account of a primary school teacher, Roseline Uche Egbuha.
“The money to be forfeited includes N17.4 million that was transferred to the bank account of Erebuoye, N14.2 million to an account owned by one Ojo Alonge, N16.4 million to a company called DY Bako and Sons Limited and N30.8 million to another company known as Dorason Construction Limited.
“The order for interim forfeiture also covers the sums of N7.1 million traced to an account owned by Owoyemi Mayowa, N8.2 million and N6.5 million traced to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively.”