The final forfeiture of NOK University and all of its assets has been ordered by a federal high court sitting in Abuja, after it was linked to one Anthony Hassan, one of the former director of finance and accounts at the federal ministry of health.
The Economic and Financial Crimes Commission, EFCC had alleged that Anthony Hassan diverted public funds with which he acquired the identified assets.
He reportedly gained access to the funds through the government integrated financial management information system (GIFMIS).
Giving an update on the case on Saturday, 8th of June, 2024, the anti-graft agency revealed that it filed an order for final forfeiture of the properties after establishing that Hassan built NOK University using proceeds of unlawful activities traced to him.
Physical assets of the university forfeited include the senate building, ICT building, faculty of medicine building, science deanery building, two academic buildings, a faculty hall and other buildings.
The judge also ordered the interim forfeiture of Gwasmyen water factory, Gwasmyen event centre and Gwasmyen international hotel, all said to be linked to Hassan.
The court held that the respondent failed woefully in tilting the scale of evidence in his favour. [CONTINUE READING HERE]>>>>>
DISCLAIMER
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshreporters@gmail.com
Join Other Great Readers, FOLLOW us On WHATSAPP>> https://chat.whatsapp.com/DN0y4bGIbVI4II6aNcPssb
Join Other Great Readers On TELEGRAM>> https://t.me/freshreporters
For Advert and other info, Click this link to send a Message to the Admin https://freshreporters.com/advertise/