Friday, November 4, 2016

Nigeria Slams citizens with unexplained wealth

A former Minister of State for Defence, Senator Musiliu Obanikoro, has signed an undertaking to return N480m to the Federal Government, The PUNCH has learnt. Obanikoro has also submitted his United States of America and Nigerian passports to the Economic and Financial Crimes Commission. In a related development, the EFCC has seized a filling station and a shopping complex from a man who described himself as a building engineer, Abdullahi Rilwan, for failing to explain where he got the money to buy the properties. The EFCC Act Section 71 (b) gives the commission the power to commence investigations into the property of any person if it appears to the EFCC that the person’s lifestyle and extent of properties are not justified by law.



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