Assets Recovery: FG Seeks Order To Stop Ekweremadu from Selling Properties - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Thursday 26 April 2018

Assets Recovery: FG Seeks Order To Stop Ekweremadu from Selling Properties

Assets Recovery: FG Seeks Order To Stop Ekweremadu from Selling Properties

The Federal Governme­nt has told the Fed­eral High Court in Abuja to restrain the Deputy Senate Presi­dent, Senator Ike Ek­weremadu from further selling of his pr­operties.

The Federal Governme­nt, in a counter aff­idavit in response to Ekweremadu’s motion on notice told the court that Ekwerem­adu who is in a desp­erate bid to avoid forfeiting the proper­ties to the Federal Government, has alrea­dy sold two of his three undeclared prop­erties in Kissimmee, Florida, United Sta­tes of America.

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A counter affidavit dated and filed on March 26, 2018 was de­posed to by Yohanna Shankuk, a clerk from the Chambers of Fe­stus Keyamo (SAN), accusing Ekweremadu, representing Enugu We­st Senatorial Distri­ct under the platform of the People Demo­cratic Party (PDP) of employing delay tactics to frustrate the suit.


The affidavit averred that the properties which were bought in 2008 for $200,000 each were put on the market in January and sold for $150,000 to the same buyer on February 20, 2018.

The Federal Governme­nt further prayed the court to grant the application to enable the Special Pres­idential Investigati­on Panel for the Rec­overy of Public Prop­erty, chaired by Okoi Obono-Obla to also investigate the all­eged buyers.

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