society
EFCC Makes Single Largest Asset Recovery till Date
EFCC Makes Single Largest Asset Recovery till Date
Justice Jude Onwuegbuzie, on Monday, December 2, 2024 gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 Units of duplexes and other apartments. This is the single largest asset recovery by the Economic and Financial Crimes Commission, EFCC, since its inception in 2003. The Estate rests on on Plot 109 Cadastral Zone C09, Lokogoma District, Abuja
The forfeiture of the property to the federal government by a former top brass of the government was pursuant to EFCC’s mandate and policy directive of ensuring that the corrupt and fraudulent do not enjoy the proceeds of their unlawful activities. In this instance, the Commission relied on Section 17 of the Advance Fee Fraud And Other Fraud Related Offences Act No 14, 2006 and Section 44 (2) B of the Constitution of the 199 Constitution of the Federal Republic of Nigeria to push its case.
Ruling on the Commission’s application for the final forfeiture of the property, Justice Onwuegbuzie held that the respondent have not shown cause as to why he should not lose the property, “which has been reasonably suspected to have been acquired with proceeds of unlawful activities, the property is hereby finally forfeited to the federal government.”
The road to the final forfeiture of the property was paved by an interim forfeiture order, secured before the same Judge on November 1, 2024. The government official which fraudulently built the estate is being investigated by the EFCC. The forfeiture of the asset is an important modality of depriving the suspect of the proceeds of the crime.
The justification for the forfeiture is derived from Part 2, Section 7 of the EFCC Establishment Act, which stipulates that the EFCC “has power to cause investigations to be conducted as to whether any person, corporate body or organization has committed any offence under this Act or other law relating to economic and financial crimes and cause investigations to be conducted into the properties of any person if it appears to the Commission that the person’s lifestyle and extent of the properties are not justified by his source of income.”
The Commission’s Executive Chairman, Mr. Ola Olukoyede, has repeatedly described asset recovery as pivotal in the fight against corruption, economic and financial crimes and a major disincentive against the corrupt and the fraudulent.
Addressing members of the House of Representatives Committee on Anti-corruption recently, he said, “If you understand the intricacies involved in financial crimes investigation and prosecution you will discover that to recover one billion naira is war. So, I told my people that the moment we start investigation we must also start asset tracing because asset recovery is pivotal in the anti-corruption fight; and one of the potent instruments that you can deploy as an anti-corruption agency for an effective fight is asset tracing and recovery. If you allow the corrupt or those that you are investigating to have access to the proceeds of their crime, they will fight you with it. So one of the ways to weaken them is to deprive them of the proceeds of their crime. So, our modus operandi has changed simultaneously. The moment we begin investigation, we begin asset tracing. That was what helped us to make our recoveries.”
The Establishment Act of the Commission places huge emphasis on asset recovery. Subject to the provisions of Section 24 of the Act, “whenever the assets and properties of any person arrested under the Act are attached, the Commission shall apply to the court for an interim forfeiture and where a person is arrested for an offence under the Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic and financial crime and shall thereafter cause to be obtained an interim attachment order from the Court. And where the assets or properties of any person arrested for an offence under the Act has been seized or any assets or property has been seized by the Commission under the Act, the Commission shall cause an application to be made to the Court for an interim order forfeiting the property concerned to the Federal Government and the court shall, if satisfied that there is prima facie evidence that the property concerned is liable to forfeiture, make an interim order forfeiting the property to the Federal Government, which the Commission would usually escalate to earn a final forfeiture”.
This procedure was duly followed in this respect. The recovery of the asset represents a milestone in the annals of operations of the EFCC and infallible proof of the commitment of President Bola Ahmed Tinubu to the anti-corruption war.
Dele Oyewale
Head, Media & Publicity
December 2, 2024
society
Diplomacy Under Fire: South Africa’s Anti-Apartheid Vanguard Challenges U.S. Ambassador Nomination
Diplomacy Under Fire: South Africa’s Anti-Apartheid Vanguard Challenges U.S. Ambassador Nomination
By George Omagbemi Sylvester
Published by saharaweeklyng.com
“How history, sovereignty and global justice are colliding in Pretoria’s political theatre.”
South Africa stands at the intersection of memory, morality and contemporary geopolitics. In a dramatic and deeply symbolic challenge to international diplomatic norms, the South African chapter of the Anti-Apartheid Movement (AAM) has publicly urged President Cyril Ramaphosa to exercise his constitutional right to reject the credentials of Leo Brent Bozell III, the United States’ ambassador-designate to South Africa. This demand is not merely about one diplomat’s qualifications but it represents a broader contest over historical interpretation, national sovereignty, human rights and the ethical responsibilities of global partnerships.
The statement issued by the AAM, drawing on its legacy rooted in the nation’s hard-won liberation from racial oppression, argues that Bozell’s track record and ideological orientation raise “serious questions” about his fitness to serve in South Africa. The movement insists that his appointment threatens to undermine the country’s independent foreign policy, particularly in the context of Pretoria’s pursuit of justice at the International Court of Justice (ICJ) in The Hague, where South Africa has taken the rare step of challenging alleged atrocities in Gaza.
The Roots of the Dispute.
At the heart of the controversy is the claim by activists that Bozell’s public remarks over time have been disparaging toward the African National Congress (ANC) and the broader anti-apartheid struggle that shaped modern South Africa’s democratic identity. These statements, which critics describe as reflective of a worldview at odds with the principles of liberation and equity, have animated calls for his credentials to be rejected.
South Africa’s constitution empowers the head of state to accept or refuse the credentials of foreign envoys, a power rarely exercised in recent diplomatic practice but one that acquires urgency in moments of intense bilateral tension. As the AAM’s leadership frames it, this is not about personal animus but about safeguarding the nation’s right to determine its own moral and geopolitical compass.
Historical Memory Meets Contemporary Politics.
South Africa’s anti-apartheid legacy holds deep cultural, political and moral resonance across the globe. The nation’s liberation struggle (led by giants such as Nelson Mandela, Desmond Tutu and Oliver Tambo) was rooted in the universal principles of human dignity, equality and resistance to systemic oppression. It transformed South Africa from a pariah state into a moral beacon in global affairs.
As the AAM statement put it, “We know too well that our freedom is incomplete without the freedom of others.” This invocation of history is not ceremonial. It frames South Africa’s foreign policy not just as a function of national interest but as a commitment to a universal ethos born of struggle.
Renowned scholars of post-colonial studies, including the late Mahmood Mamdani, have argued that anti-colonial movements inherently shape post-independence foreign policy through moral imperatives rooted in historical experience. In this view, South African diplomacy often reflects an ethical dimension absent in purely strategic calculations.
The Broader Diplomatic Context.
The dispute over ambassadorial credentials cannot be separated from broader tensions in South African foreign policy. Pretoria’s decision to take Israel before the ICJ on allegations of violating the Genocide Convention has triggered significant diplomatic friction with the United States. Official U.S. channels have expressed concern over South Africa’s stance, particularly amid the conflict in the Middle East. This has coincided with sharp rhetoric from certain U.S. political figures questioning South Africa’s approach.
For instance, critics in the United States have at times framed South Africa’s foreign policy as both confrontational and inconsistent with traditional Western alliances, especially on issues relating to the Middle East. These tensions have underscored how global power dynamics interact (and sometimes collide) with post-apartheid South Africa’s conception of justice.
Within South Africa, political parties have responded in kind. The Economic Freedom Fighters (EFF) have condemned Bozell’s nomination as reflective of an agenda hostile to South Africa’s principles, even labelling his ideological lineage as fundamentally at odds with emancipation and equality. Whether or not one agrees with such characterisations, the intensity of these critiques reveals the deep anxiety amongst some sectors of South African civil society about external interference in the nation’s policymaking.
Sovereignty, International Law and National Identity.
Scholars of international law emphasise that the acceptance of diplomatic credentials is not merely ceremonial; it signals a nation’s readiness to engage with a foreign representative as a legitimate interlocutor. Legal theorist Martti Koskenniemi has written that diplomatic practice functions at the intersection of law, power and morality, shaping how states perceive each other and interact on the world stage.
In this light, the AAM’s appeal to Ramaphosa reflects a profound anxiety: that South Africa’s sovereignty (and its moral authority on the world stage) is being tested. To refuse credentials would be to affirm the nation’s agency; to accept them without scrutiny could be interpreted, in some quarters, as a concession to external pressure.
President Ramaphosa himself has, in recent speeches, stressed the importance of upholding constitutional integrity and South Africa’s role as a constructive actor in global affairs. His leadership, shaped by decades as a negotiator and statesman, walks a fine line between defending national interests and maintaining diplomatic engagement.
Moral Certainties and Strategic Ambiguities.
What makes this situation especially complex is the blending of moral conviction with strategic diplomacy. South Africa, like any sovereign state, depends on a web of international relationships (economic, security, political) that require engagement with powers whose policies and values do not always align with its own.
Yet for many South Africans, drawing a line on diplomatic appointments is not just about personalities but about reaffirming the values fought for during decades of struggle. As anti-apartheid veteran and academic Professor Pumla Gobodo-Madikezela once observed, “Our history is not a relic; it is the compass by which we navigate present injustices.” This idea captures why historical memory acquires such force in debates over current foreign policy.
Towards a Resolution.
Whether President Ramaphosa will act on the AAM’s call remains uncertain. Diplomatic norms usually favour acceptance of appointed envoys to maintain continuity in bilateral relations. However, exceptional moments call for exceptional scrutiny. This situation compels a national debate on what it means to balance sovereignty with engagement, history with pragmatism, values with realpolitik.
Experts on international relations stress the need for South Africa to carefully assess not just the semantics of credential acceptance but the broader implications for its foreign policy goals and relationships. Former diplomat Dr. Naledi Pandor has argued that “diplomacy is not merely about representation, but about conveying what a nation stands for and will not compromise.” Whether this moment will redefine South Africa’s diplomatic posture or be absorbed into the standard rhythms of international practice remains to be seen.
Summation: History and the Future.
The AAM’s call to reject a U.S. ambassadorial nominee is more than an isolated political manoeuvre, it is a reflection of South Africa’s evolving self-understanding as a nation shaped by legacy, committed to justice and unwilling to dilute its moral voice in global affairs. The controversy casts a spotlight on the tensions facing post-colonial states that strive to be both sovereign and globally engaged.
At its core, this debate is about who writes the rules of international engagement when history has taught a nation never to forget what it fought to achieve. It is a reminder that in a world of shifting alliances and competing narratives, moral clarity, historical awareness and strategic foresight are indispensable.
South Africa’s decision in this matter will not only shape its diplomatic engagement with the United States but will reverberate across continents where questions of justice, human rights and national dignity remain at the forefront of global discourse.
society
Fatgbems Group Commissions Ultra-Modern Mega Station in Opic, Expands Footprint in Nigeria’s Energy Retail Sector
Fatgbems Group Commissions Ultra-Modern Mega Station in Opic, Expands Footprint in Nigeria’s Energy Retail Sector
society
PUBLIC NOTICE: STRONG WARNING & DISCLAIMER
PUBLIC NOTICE: STRONG WARNING & DISCLAIMER
The general public is hereby strongly warned to exercise extreme caution regarding any dealings with Joseph Enyinnaya Eze, popularly known as Dracomiles who claims to operate as a Forex trader in Nigeria and the United Kingdom. Multiple reports and complaints have raised serious concerns about his business activities, dubious act. warranting immediate public attention.
Anyone who has already engaged with or been affected by these activities should urgently report the matter to the EFCC (Nigeria), Action Fraud (UK), or their nearest law enforcement authority.
This notice is issued in the interest of public safety and financial protection and should be treated with the utmost seriousness.
Signed,
HIS ROYAL HIGHNESS
PRINCE EMMANUEL BENNY DANSON.
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