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Court Orders Final Forfeiture of 52 Lekki Housing Units to Federal Government

A Federal High Court in Lagos, presided over by Justice Alexander Owoeye, has ordered the final forfeiture of 52 terrace and maisonette units at Mercyville Estate in Lekki to the Federal Government. The properties, recovered from Fielddreams Limited, Ifeanyi Nweke, and Amex Savings and Loans Limited, were deemed by the court to be proceeds of unlawful activities. The EFCC successfully argued that the respondents failed to provide a credible defense, citing contradictory evidence and the fugitive status of Ifeanyi Nweke, who remains a subject of active arrest warrants. This ruling is part of the EFCC’s broader campaign to secure civil forfeiture of assets linked to alleged financial crimes.

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