Abuja, June 21, 2025 – The Court of Appeal in Abuja has affirmed the final forfeiture of ₦1.5 billion to the Federal Government, marking a significant legal victory in the country’s anti-corruption and asset recovery efforts.
The appellate court upheld the decision of the Federal High Court, which had previously granted a final forfeiture order in favour of the Economic and Financial Crimes Commission (EFCC). The funds were linked to individuals and corporate entities alleged to have acquired the money through unlawful activities.
In its ruling, the Court of Appeal declared that the appellants failed to provide sufficient legal grounds to overturn the lower court’s judgment. The justices maintained that the EFCC had presented credible evidence demonstrating that the funds were proceeds of criminal conduct and thus eligible for forfeiture under relevant Nigerian laws.
The ₦1.5 billion had initially been frozen under an interim order granted by the Federal High Court, following an ex parte motion filed by the EFCC. After the expiration of the interim order and no satisfactory explanation from the claimants regarding the legitimate origin of the funds, the court granted a final forfeiture in favour of the government.
Legal experts have described the decision as a landmark ruling that reinforces the commitment of the judiciary to uphold accountability and transparency in public finance. They also praised the Court of Appeal for its consistency in supporting anti-graft agencies in their quest to recover assets derived from illicit activities.
The EFCC welcomed the judgment as a step forward in its broader mandate to trace, seize, and return stolen wealth to the national treasury. The commission reiterated its determination to pursue similar cases diligently, while calling on Nigerians to support lawful efforts to restore integrity in public and private sectors.
This development underscores the increasing use of legal mechanisms to combat financial crimes and demonstrates the Federal Government’s resolve to strengthen governance through the rule of law.
