The
Economic and Financial Crimes Commission, EFCC on February 1, 2013
attached the property of Yakubu Mohammed Na-Allah, who is being
prosecuted by the commission on a 2-count charge of money laundering.
The
seizure of the property which is alleged to be proceeds of crime, is
sequel to an interim forfeiture order issued on January 31, 2013 by
Justice Riman of the Federal High Court, Kano,
forfeiting the property of the respondent to “the Federal Government of
Nigeria pending the determination of the criminal proceedings or
charges against the respondent.” The order which is renewable is however
for an initial period of three months.
Na-Allah, 65, was arraigned before Justice Riman on January 14, 2013 for allegedly duping two of his clients to the tune of N50million and using the proceeds to acquire a palatial mansion in Kano. The edifice is the subject of the interim attachment.
One of the charge against the accused person reads:
“That you Yakubu Mohammed Na-Allah 'Male' on or about 17th March 2008
in Kano State, within the Jurisdiction of the Federal High Court, did
transfer the sum of N45, 000, 000 (Forty Five Million Naira Only) to the
bank account of Bennas Nigeria Limited with account Number
0196001000009300 domiciled at Intercontinental Bank Plc ( now Access
Bank) with the aim of concealing the illicit origin of the said
resources being proceed of an illicit act and thereby committed an
offence contrary to and punishable under section 14(1) (a) of the Money
Laundering (prohibition) Act 2004”Na-Allah, 65, was arraigned before Justice Riman on January 14, 2013 for allegedly duping two of his clients to the tune of N50million and using the proceeds to acquire a palatial mansion in Kano. The edifice is the subject of the interim attachment.
When the charge was read to the accused, he pleaded not guilty.
Further hearing in the matter has been adjourned to February 28, 2013.
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