Court sets aside forfeiture order against ex-Warri refinery MD
Nigeria, Nov. 9 -- The Federal High Court in Abuja on Monday set aside an interim forfeiture order against properties and funds linked to Jimoh Olasunkanmi Yisawu, a former managing director of the Warri Refining and Petrochemical Company.
The court also dismissed the application brought by the Economic and Financial Crimes Commission (EFCC) for the final forfeiture of the assets, ruling that the commission failed to establish that they were proceeds of unlawful activities.
Judge James Omotosho made the ruling after considering evidence presented by both parties, according to a report by Nairametrics.
Mr Yisawu served with the Nigerian National Petroleum Corporation (NNPC) for 32 years, from 1991 to 2023. He was managing director of th...
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