The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of 324 properties recovered for the Kano state pension fund trustees.
Justice Inyang Ekwo of the federal high court, Abuja, gave the order of final forfeiture on Wednesday, May 3.
The judge noted that the properties are proceeds of unlawful activities of Kano state pension fund trustees.
The properties comprise of 168 homes situated at Sheikh Ja’afar Mahmud Adam Bandirawo City, Kano, 122 houses at Sheikh Nasiru Kabara (Amana City), Kano, and 38 houses at Sheikh Khalifa Ishaq, Rabiu City.
The 168 houses at Sheikh Ja’afar Mahmud Adam Bandirawo City are made up of 55 units of two-bedroom semi-detached houses, 51 units of three-bedroom houses, seven-units of three-bedroom converted, 17 units of three-bedroom carport, three units of four-bedroom duplex, nine units of five-bedroom duplex, and 22 units of three-bedroom green-roof.
The 122 houses at Sheikh Nasiru Kabara of the state include 14 units of two-bedroom semi-detached houses, 62 units of two-bedroom semi-detached houses, 4 units of three-bedroom converted, 13 units of 3-bedroom converted, 3 units of three-bedroom detached houses, 11 units of 3-bedroom detached houses, 3 units of three-bedroom carport, 5 units of three-bedroom carports, 2 Units of three-bedroom green roof, 3 units of four-bedroom carport, and 2 units of gour-bedroom pergola.
The 38 houses at Sheikh Khalifa Ishaq Rabiu City, Kano, include 19 units of three-bedroom bungalow, 5 Units of three green roof; 6 units of 4-bedroom duplex, 2 units of four-bedroom BQ, a unit of four-bedroom duplex and 5 units of five-bedroom duplex.
Source: TheStreetJournal | Read More