EFCC hands over N107m recovered from property deal to Lagos petitioner

Summary

The EFCC says it has returned N107 million recovered from a disputed land transaction to a Lagos resident who petitioned the commission after failing to take possession of the property.

Highlights

• The handover took place at the EFCC’s Lagos Zonal Directorate 2 office in Ikoyi on 30 September.
• EFCC spokesperson Dele Oyewale said the money was handed over in bank drafts through the petitioner’s lawyer, Babatunde Oni, SAN.
• The commission said the dispute involved a land transaction in Lagos and allegations of obtaining money by false pretence, conspiracy and extortion.
• The EFCC said its investigation led to the recovery of N107 million from the case.