EFCC Confiscates Lucky Igbinedion’s Assets | Welcome to Linda Ikeji's Blog





Saturday, 5 March 2011

EFCC Confiscates Lucky Igbinedion’s Assets

Economic and Financial Crimes Commission (EFCC) this week seized 11 real estate assets belonging to former Edo State Governor, Chief Lucky IgbinedionThe seized assets include a property in London located at 29, Sheldon Avenue, Highgate, London N6 4JP; a landed property formerly housing PML office at 55C, Adebisi Omotola Close, off Samuel Adedoyin Street, Victoria Island, Lagos...
‘White House’ along Ugbor Police Station Road by House No. 65, Ugbor Police Station; a house at neighbourhood of Etete and Ugbor Layout, located between Idusogie Street and Ogbomo Street, Benin City.
Others are: a building covered by approved building plan No 2041/2004 at No 20B Etete, Benin; a Land at No. 7, Justice Fatai Williams Street, off Justice Sowemimo Street, Asokoro, Abuja; a landed property at Maitama, located at 5, Danube Crescent, Maitama, Abuja; Sheraton Hotel Government Course, Government House road, Benin; Chicken Republic belonging to Igbinedion on Sapele-Benin Road, Benin; a parcel of land covered by Certificate of Occupancy No BDSR5458 registered as 24/24/B71 in the name of Okada Air Nigeria Limited at No 3, Boundary Road Benin City; and a block of four flats at No 43 Etete Road, Benin City.

Chief Igbinedion alongside his brother, Mr. Michael Igbinedion and five others are accused of stealing and misappropriating about N3.2 billion naira of government funds.

Others charged include Mr. Patrick Eboigbodin, Gava Corporation Limited, Romrig Nigeria Limited, PML Securities Company Limited and PML (Nigeria) Limited.

Confirming the seizure, EFCC spokesman, Mr. Femi Babafemi said, "an asset forfeiture order was obtained by the EFCC on Tuesday from a Federal High Court, Lagos to seize all properties traced to the former governor in Benin, Lagos, Abuja and London (11 choice properties) over the fresh money laundering case filed against him by the anti-graft agency."

Source: The Will


Anonymous said...

Since Efcc don dey seize dem never still seize all finish...Kai Igbinedion finish Edo State Sha & was spending all the Money in his father's businesses,God 4bid bad thing.

Shakara said...

He's on the run right? He'll probably die of AIDS (it's rumoured he's contracted it) before they catch him!

Chilling said...

For supporting Atiku, GEJ is after him. What of the rest of the thieving politicians? Odili on my mind!

Surprise said...

It is a good thing EFCC is consfisticating assets acquired with looted funds. But how many of those recoverred loots or confiscated assets have been accounted for by the EFCC or the govt. Where is the recovvered about loot? Where is the recovered Tafa Balogun loot? It is what the yoruba people call OLE GBE, OLE GBA (literary meaning : Thief carried it, thief received it. Or robbbing Peter to pay Paul).

@chilling...Please don't mind my former gov. o (Peter Odili). He is a specialist in obtaining court injuction against EFCC.

Chilling said...

Surprise; yes, his wife is now a Supreme Court judge so she'll continue to help him get those injunctions.

Anonymous said...

It's good riddance to bad rubbish, for the chicken has finally come home to roast. This assets should not only be confiscated by EFCC but should also be handed over to Edo State govt as govt properties for EFCC can't be trusted anymore with recovered loots/assets. Tafa Balogun loot a case of EFCC lack of transparency in handling loots.

Anonymous said...

How can a man so selfish that his father is one of the richest man in edo, people voted him in so that through him his father can develop edo state. But they develop their self, what a shame.

Omi Gongo AAU said...

Chief lucky Igbinedion finally U are paying for what you did to us? This is just the begining.. Efcc I beg make una go seize d new Mercedes Benz Maybash wen him buy last week!

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