20 Feb 2016

KINGSLEY IGWE

Court authorises EFCC to seize Tompolo’s assets



Justice Ibrahim Buba of a Federal High Court in Lagos on Friday authorised the Economic and Financial Crimes Commission to seize some assets belonging to a former Niger Delta militant leader, Government Ekpemupolo, alias Tompolo.

The judge authorised the EFCC to take possession of the concerned assets pending when Tompolo will make himself available to answer the charges of N45.9bn fraud preferred against him and nine others.

The judge said if Tompolo failed to appear within three months of the order, the Federal Government may proceed to auction the said assets.

The assets of Tompolo which the EFCC was authorised to seize include his house located at No. 1, Chief Agbamu Close DDPA Extension Warri (Effurun), Delta State.

Others are a River Crew Change Boat named MUHA -15; “Tompolo Dockyard,” “Tompolo Yard,” the Diving School at Kurutie, at Escravos River; “Tompolo House” at Oporaza Town, opposite the Palace.

The judge said the EFCC may also seize any other assets it may later discover and verify to indeed belong to Tompolo.

The judge, however, declined to authorise  the EFCC to seize four companies, which the EFCC had listed in its application as parts of Tompolo’s assets, saying one person does not own a company.

SOURCE : PUNCH

KINGSLEY IGWE

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I've even gone so far as to verbalize it specifically, time is too precious to waste on trivial arguments and negativities. I'd rather get on to the more fun and rewarding stuff right away!

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