Nigeria, Nov. 12 -- The Economic and Financial Crimes Commission (EFCC) has appealed a Federal High Court judgement which threw out its assets forfeiture case against $912,550 linked to Jimoh Olasunkanmi Yisawu, a former managing director of the Warri Refining and Petrochemical Company.

The appeal came after Monday's ruling delivered by Judge James Omotosho, holding that the EFCC failed to prove that the assets were proceeds of crime as alleged.

Mr Omotosho, in his verdict on Monday, lifted the interim forfeiture order earlier placed on the funds, and dismissed the the commission's request for final forfeiture.

The commission said in a statement by its spokesperson Dele Oyewale on Wednesday that it filed a notice of appeal at the Court...