EFCC releases photos of Ekweremadu’s forfeited properties.
The Economic and Financial Crimes Commission (EFCC) has released photographs of some of the 40 properties that former Deputy Senate President Ike Ekweremadu was ordered by Justice Inyang Ekwo of a Federal High Court in Abuja to forfeit to the federal government.
In accordance with an earlier report, the anti-graft agency today obtained the order for the temporary forfeiture of 40 landed properties connected to Ekweremadu, nine of which are located in Dubai.
According to a statement from the EFCC, the affected properties forfeited include a London property at Flat 4, Varsity Court, Hormer Street (WIH4NW), which was purchased on December 4, 2008, for £830,000; three properties in Florida, one of which was purchased for $155,000 USD; and property on a 3000 square meter parcel of land with a 7 bedroom detached boys’ quarters, a swimming pool, an enclosed 3-car garage with roller shutter doors, and a gatehouse; three blocks of six flats each, totaling 18 luxury flats at Plot 904 Durumi, Abuja acquired for N700million and Four Rootown House at Villa No. 148 Maeeni the Lahes Emirate Hill Dubai valued at $250,00 USD.