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John Ozigi

Retired general forfeits N426.7 million to Nigerian government

Reuters A retired Nigerian Army General has forfeited a princely sum of N426.7million to the Federal Government on the orders of a Federal judge, sitting in Lagos. John Onimisi Ozigi, a retired Brig-General had been standing trial for alleged graft in the hands of the Economic and Financial Crimes Commission, EFCC, which claimed before the Federal High Court presided over by Justice Muslim Hassan, that the cash was from the proceeds of crime and should be seized from him. Based on EFCC’s prayers, the court had earlier placed an interim forfeiture order on the cash and asked EFCC to issue public notice to whoever claims ownership of the cash to come forward with justifiable reasons why the money should not revert to the federal government and joined two companies-company, Diamond Head Ventu...