“CCB SCORES BIG: NIGERIA RECLAIMS LONDON PROPERTY IN LANDMARK ASSET FORFEITURE”
GREATRIBUNTVNEWS–THE Code of Conduct Bureau (CCB) has secured its first international asset forfeiture, reclaiming a high-value property in London linked to the late Gen. Jeremiah Useni, a former Minister of the Federal Capital Territory.
Key Highlights:
– _”The forfeited asset is a high-value property situated at 79 Randall Avenue, Neasden, London.”_ – CCB Statement
– The Federal High Court in Abuja issued a final forfeiture order, transferring ownership to the Federal Government of Nigeria.
– _”The judgement reinforces the principle that individuals cannot shield unlawfully acquired wealth by moving it across borders.”_ – CCB
– CCB has engaged the Office of the Attorney-General to activate Mutual Legal Assistance (MLA) procedures with the UK.
– The property’s value isn’t disclosed, but it’s a significant step in Nigeria’s efforts to recover illicit assets held abroad .
This landmark case demonstrates Nigeria’s commitment to tackling corruption and recovering stolen assets.
The bureau also stated that the proceeds from the asset would be repatriated to Nigeria in line with international asset recovery protocols.
According to the CCB, the successful forfeiture demonstrated that assets obtained through abuse of public office were no longer beyond reach, even when hidden overseas.
The agency attributed the breakthrough to its renewed commitment to intelligence-driven investigations and stronger collaboration with international partners.
It added that the case marked a new phase in Nigeria’s anti-corruption framework, where accountability extended beyond national borders.
Reaffirming its mandate, the bureau pledged to continue enforcing asset declaration laws and intensifying efforts to prevent corruption and illicit enrichment among public officials.
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