EFCC asset recovery Abuja estate

The EFCC secured its largest single asset recovery in 2023 with the forfeiture of an estate in Abuja, the Federal Capital Territory, comprising 753 duplexes. This historic asset recovery was made possible through a final forfeiture order by Justice Jude Onwuegbuzie, making it a significant milestone in the fight against corruption in Nigeria.
The estate, which spans an impressive 150,500 square meters, is located in the exclusive Cadastral Zone CO9, Lokogoma District of the FCT. Its forfeiture to the EFCC marks a resounding victory in the agency’s relentless efforts to combat economic and financial crimes in the country.
The recovered asset is believed to be connected to a former top government official, who is currently under investigation by the EFCC for alleged fraudulent activities. The forfeiture of the estate sends a strong message that no one is above the law, and that the EFCC is committed to ensuring that ill-gotten wealth is recovered and returned to the public purse.
The successful recovery of this estate is a testament to the unwavering determination of the EFCC to combat corruption in all its forms. It also serves as a deterrent to those who seek to enrich themselves through fraudulent means. The agency’s relentless pursuit of economic criminals is a vital step towards creating a more just and equitable society for all Nigerians.
The forfeiture of the Abuja estate is a major victory in the fight against corruption, and it sends a clear message that the EFCC is not relenting in its efforts to recover stolen assets and bring perpetrators to justice.