Presidential Panel seals Sen. Nwaoboshi’s properties


The Particular Presidential Investigation Panel for Restoration of Public Property has sealed up suspicious belongings and properties of Senator Peter Nwaoboshi.

Based on Chief Okoi Obono-Obla, Head of the Panel the panel in an announcement issued in Lagos on Sunday, the panel has written to 4 banks to dam the embattled senator’s accounts.

The seized belongings are situated in Warri, Asaba in Delta, Abuja and Lagos States.

Obono-Obla stated that the presidential panel carried out the motion on the premise of the ruling of a Federal Excessive Courtroom sitting in Abuja.

The Courtroom had ordered an interim forfeiture of properties belonging to Nwaoboshi, who represents Delta North Senatorial District.

Ruling in swimsuit no FHC/ABJ/CS/1127/18 filed by the Particular Presidential Investigation Panel for the Restoration of Public Property on behalf of the Federal Authorities, Justice Taiwo O. Taiwo, additionally positioned a post-no-debit order on 22 financial institution accounts linked to Nwaoboshi.

The embattled lawmaker was just lately referred to the Workplace of the Division of Public Prosecutions, Federal Ministry of Justice by the particular presidential investigation panel for allegedly making false belongings declaration in his Kind CCB1 submitted to the Code of Conduct Bureau.

Based on the ruling, 14 properties and 22 financial institution accounts linked to the senator are to be briefly forfeited to the federal authorities.

Apart from sealing up the properties, the Panel additionally wrote to a number of banks together with Zenith Worldwide Financial institution Plc; United Financial institution of Africa; Sterling Financial institution Plc and Entry Financial institution Plc to dam Nwaoboshi from working a number of accounts maintained by him in these banks pursuant to the Order of the Interim forfeiture given by the Courtroom.

“Among the properties sealed by the presidential panel embrace Summing Electrical Firm situated at Asagba, alongside Asaba Airport Street, PON filling station alongside Asaba Airport Street and a Multibillion Naira Property underneath building at Maryam Babangida Street, all in Asaba, Delta State.

“Others are Cartage Cinema situated at Okpana Street beside Rain Oil Petrol Station, Newbridge Petrol Station alongside Airport Street, Warri, Delta State and a home at No eight Monu Olanrewaju Crescent, GRA, Asaba, additionally in Delta State.

“Nwaoboshi’s properties sealed in Lagos are Guinea Home, No 27, Marina Street, Apapa: A multi-billion constructing situated at 41, Burma street, Apapa, Lagos.

“In Abuja, Home No 25 6932 street, Adban Property, Gwarimpa and Plot 3011B Kuranakh Shut, Maitama along with a variety of plots of land, had been additionally sealed by the Panel,’’ Obono-Obla stated. (NAN)

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