UNBELIEVABLE

[precious]

I know this is a bit of long reading but its quite interesting to see how public offices mean getting rich.If such office holder has all this what do you all think our other higher placed officials have?I always pray for our beloved Nigeria.





EFCC seizes N7bn assets of  INEC dead director
By Ise-Oluwa Ige
Posted to the Web: Wednesday, September 06, 2006



ABUJA ? THE Economic and Financial Crimes Commission (EFCC) has secured a court order, confiscating alleged ill-gotten assets, worth about N7 billion, belonging to a deceased Director of Finance and Supplies of INEC, Pastor Timothy Olufemi Akanni.
The assets include cash in local and foreign currencies; landed properties in choice areas in both Lagos and Abuja; shares in bluechip companies; registered schools, bakeries and expensive cars, among others.
The order was granted ex-parte by the vacation judge, Justice Anwuri Chikere, upon a request by the anti-graft commission on behalf of the Federal Government.
The Commission had told the court that it was investigating Pastor Akanni for various weighty complaints touching on conspiracy, abuse of public office, diversion of public funds and money laundering.
Besides, EFCC alleged that relations of the late Akanni and the deceased?s cronies who were still being investigated over some petitions were making frantic attempts to withdraw mony from the accounts of the companies sought to be forfeited, being alleged proceeds of fraud.
The anti-graft commission proffered arguments before the court on why all the assets must be confiscated, supporting same with affidavit evidence.
The high court judge ordered all the assets and properties listed on two separate schedules by EFCC belonging to the late Pastor Akanni to be temporarily forfeited to the Federal Republic of Nigeria.
The deceased director stripped of all his assets by the anti-graft commission was a pastor of a pentecostal church in Abuja until his death in the October 22 Bellview Flight 210 crash at Lisa in Ogun State. He was one of the 117 passengers that lost their lives.
The interim order confiscating his assets, two weeks ago, was one of the last set of orders granted by Justice Anwuri Chikere of the Federal High Court, Abuja before she was transferred to the Kaduna Division of the court.

Pastor Akanni was a director of INEC between 1996 and 2005 during which he allegedly acquired a huge amount of money. No petition was raised when he was in office as INEC director.
Trouble started shortly after he died when his assets were to be shared. Pastor Akanni was said to have married another woman legally without the knowledge of the only wife known to the family. The new wife who claimed to be legally married to Pastor Akanni with children showed up in Akanni?s home, claiming to be his wodow.
The only wife at home never believed herself, given the fact that her husband was a respected man of God. But when the  new wife tendered documentary evidence to back up her claim, the first wife known to the family vowed never to recognise her and that the alleged new wife and her children would not benefit from the deceased?s assets.
All efforts to make the first wife  see reason proved abortive, a development that provoked petitions to EFCC for confiscation of huge sums of money totalling one billion in two local accounts maintained by the deceased before he died.
When EFCC moved in, it was discovered that the assets the two women were fighting over were insignificant, given others owned by Pastor Akanni in and outside the shores of Nigeria.
Assets worth N7 billion were uncovered by the EFCC. Investigations are still on-going in the matter since some accounts were traced beyond the shores of the country.
But while investigations were on-going, efforts were made to tamper with the res of the petitions, a development that made the Chairman of EFCC, Mallam Nuhu Ribadu, to apply to court for confiscation of various assets already uncovered and believed to have been acquired with proceeds from ill-gotten wealth.
The uncovered assets, belonging to the deceased pastor, now confiscated, and listed in two different schedules include a house at Victoria Garden City located on Plot H 70, Road 42, VGC; a plot of land measuring 3,510square metre at Banana Island, Foreshore Estate, Ikoyi; a plot registered as 25/25/26 of plot 4, block 5, measuring 1145.5sq metre; 4 terrace houses at Parkview Estate, Lagos; property on 11, Olaosebikan street, off Alli Street,  Okota; Victory Plaza located at Area 11, Garki, Abuja and two duplexes situated at 13, Mississippi street, Maitama.

Others include a two-bedroom flat at Gaduwa street, Abuja; four bedroom duplex located on Plot B 10, Prince and Princess Estate, Duboyi, Abuja; plot of land at Danube street, Maitama; two-bedroom bungalow at Plot E 16 at Prince and Princess, Duboyi, Abuja; a unit of duplex at Abuja Model City (Adkan Estate), Gwarinpa II, Abuja and four-bedroom detached duplex at Gwarinpa II, Abuja.
Also seized are his Unity High School on Plot 31, Phase 4, opposite General Hospital, Kubwa, Abuja; Unity Montessori Nursery and Primary School, Phase 4, Kubwa, Abuja; Unity Bakery in Kubwa and  a property located on Plot 46, Ajose street, Ilasamaja.
Also on the schedule of seized items are his properties on Plot 342 Dakibiya {P&P}, Abuja with right of occupancy;  plot of land at Gosa; plot 1031B, Kaura District in the name of Victory Bakery and Confectionary Limited; plots 3114, 3044, Asokoro extension; plot MP/54155, Mpape layout, Abuja and plot 1016 in Katampe District, Abuja.
Also temporarily forfeited are Land Rover Jeep with registration number BH 559APP; Volkswagen Touareg with registration number KF 242AAA, Lagos; Toyota Camry 2.2L automatic with chassis  number 200060090; Toyota Hiace bus with chassis number 7005913; Toyota Hiace bus with chassis number 7005050 and Toyota Hiace bus with chassis  number 7006224.
Frozen by the court are 23 different bank accounts (deposit and current) opened in the names of Femak Nigeria Enterprises;  Victory Bakery and Confectionaries Limited; Mountain Ventures Limited; Olusegun
Akanni; Femak Nigeria; Ajakaiye Adeola Oluwakemi; Akanni T Olusegun; Unity Montessori Nursery and Primary School; Cumet Nigeria Limited and Molamos Nigeria Limited.
Shares acquired by late Pastor Olufemi Akanni with First Bank; Oceanic Bank and Zenith Bank valued at N4,556.200; N5,000,000 and N3,600,000 respectively during his lifetime among others were also confiscated.
Confisticated ASSETS
*a house at Victoria Garden City  on Plot H 70, Road 42, VGC
*a plot of land measuring 3,510square metre at Banana Island, Foreshore Estate, Ikoyi
*a plot registered as 25/25/26 of plot 4, block 5, measuring 1145.5sq metre
*4 terrace houses at Parkview Estate, Lagos
*property on 11, Olaosebikan street, off Alli Street,  Okota
*Victory Plaza located at Area 11, Garki, Abuja
*two duplexes situated at 13, Mississippi street, Maitama
*two-bedroom flat at Gaduwa street, Abuja
*four bedroom duplex on Plot B 10, Prince and Princess Estate, Duboyi, Abuja
*plot of land at Danube street, Maitama
*two-bedroom bungalow at Plot E 16 at Prince and Princess, Duboyi, Abuja
*a unit of duplex at Abuja Model City (Adkan Estate), Gwarinpa II, Abuja
*afour-bedroom detached duplex at Gwarinpa II, Abuja
*Unity High School on Plot 31, Phase 4, opposite General Hospital, Kubwa, Abuja
*Unity Montessori Nursery and Primary School, Phase 4, Kubwa, Abuja
*Unity Bakery in Kubwa and  a property located on Plot 46, Ajose street, Ilasamaja
*Plot 342 Dakibiya {P&P}, Abuja with right of occupancy
*plot of land at Gosa
*plot 1031B, Kaura District in the name of Victory Bakery and Confectionary Limited
*plots 3114, 3044, Asokoro extension
*plot MP/54155, Mpape layout, Abuja
*plot 1016 in Katampe District, Abuja
*and Rover Jeep with number plate BH 559APP
*Volkswagen Touareg with number plate KF 242AAA, Lagos
*Toyota Camry 2.2L automatic with chassis  number 200060090
*Toyota Hiace bus with chassis number 7005913
*Toyota Hiace bus with chassis number 7005050
*Toyota Hiace bus with chassis  number 7006224
*23 different bank accounts {deposit and current} in a bank opened in the names of Femak Nigeria Enterprises;  Victory Bakery and Confectionaries Limited; Mountain Ventures Limited; Olusegun Akanni; Femak Nigeria; Ajakaiye Adeola Oluwakemi; Akanni T Olusegun; Unity Montessori Nursery and Primary School; Cumet Nigeria Limited and Molamos Nigeria Limited.
*Shares in banks valued at N4,556.200; N5,000,000 and N3,600,000 respectively.

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VANGUARD, SEPT. 06, 2006.
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[Muhsin]

I wish I would have time for readind this lenthy and wordy thread next time I come.

[HUSNAA]

Summary:
12 houses
10 plots of land
5 utility buildings/businesses
6 vehicles
shares worth over N13 million Naira.
Pastor don try fa!!
He did not live to enjoy the illgotten wealth
Now he has to pay for it in the Beyond.
Let that be a lesson to others

PS. It is no wonder that OBJ won the second term election.
The EFCC should probe the rest of INEC officials.

[neozizo]

Well Done EFCC.
I hope Ribadu n co. well follow up on the money trail which might lead lead to corrupt politicians...

[mlbash]

thanks for sharing the unfortunate attitude of our corrupted leaders, lady precious. it's just my prayers that our generation will do better.