Kogi Government Forfeits N20billion Bailout Funds In Secret Account To Central Bank Of Nigeria | Sahara Reporters

The Economic and Financial Crimes Commission has withdrawn a suit it filed against the Kogi State Government seeking the forfeiture of the N20billion bailout funds allegedly granted to the Kogi State Government.

The EFCC explained that it is expedient for the suit to be discontinued and the account unfrozen to enable the bank’s management effect the transfer and return of the sum to the coffers of the Central Bank of Nigeria.Justice Chukwujekwu Aneke granted the order following EFCC’s prayer to withdraw the N20billion suit against the Kogi State government.

The counsel to EFCC, Mr Kemi Pinheiro, SAN, leading Mr Rotimi Oyedepo, listed six grounds upon which the judge granted the prayer. On Friday at the resumption of proceedings, Pinheiro presented EFCC’s grounds for discontinuance as contained in an application dated October 13, 2021.

Is good forcoconuthead After all he has no economic sense's Only an erra boy'to Aso villa

Imagine someone built a private house and later sold it to state government? And he is the state government. Lawlessness in UAR

Nigeria president indeed. Another Tumour in a political corridors, glorifying in a stinking corrupt not fit for purposes democracy.

Imagine if this money was used at the right time fir the people it was meant for. But no, greed and wickedness will not allow these politicians do the right thing.

You people should tag Mr my good brother and my friend about the update nah

Una dey fool Una self for this country, person steal money still use that same money wey dey catch am say him steal bail himself, which way Nigeria

He is not even smart, he wan be president. He should go learn corruption from former Abia State governor Sen. T. A Orji.

Öpë ooooooo

He want to use it to run his presidential campaign in 2023

This man have dry kogi finish chai

Nothing way musa no go see for gate... $20 billion Kai kai

And some journals are saying the EFCC withdrew the matter,criminals everywhere

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