Court Orders Final Forfeiture of 52 Lekki Housing Units to FG, Says Properties Proceeds of Unlawful Activities.

A Federal High Court in Lagos has ordered the final forfeiture of 52 housing units in the Lekki area to the federal government. The court ruled that the properties, including terrace and maisonette units, were reasonably suspected to be proceeds of unlawful activities. The Economic and Financial Crimes Commission (EFCC) presented the case, leading to the forfeiture order.

The legal battle involved an interim forfeiture order secured in August 2024. The EFCC was directed to publish this order, allowing any interested parties to contest the final forfeiture. The respondents, including Fielddreams Limited, Ifeanyi Nweke, and Amex Savings and Loans Limited, opposed the application.

During the proceedings, the respondents' claims about the source of funds for the properties shifted. Initially, they stated funds came from land sales, but later contradicted themselves regarding the completion of construction. The EFCC highlighted these inconsistencies, arguing that the properties were indeed linked to unlawful activities. The commission also noted that one respondent, Ifeanyi Nweke, is a fugitive facing separate criminal charges and has failed to appear in court for those cases.

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He has refused to appear before Justice R.A. Oshodi and Justice Okunuga in Charge No. ID/25771C/2025 and Charge No. ID/25769C/2025