Presidential panel seals Nwaoboshi’s Abuja property – TheNigerialawyer

The Special Presidential Investigation Panel for the Recovery of
Public Property on Saturday said it had sealed suspicious assets
and properties belonging to Senator Peter Nwaoboshi, located in
Warri and Asaba in Delta State as well as others in Lagos State and
Abuja respectively.

The presidential panel said it carried out the action following
the recent ruling of a Federal High Court in Abuja which ordered an
interim forfeiture of properties belonging to Nwaoboshi, who
represents Delta North Senatorial District in the National
Assembly.

A statement issued by Mr Emmanuel Nwachukwu, the Media Adviser
to the Chairman of the panel, Chief Okoi Obono-Obla, said the panel
acted on the basis of the ruling of the court for the forfeiture of
the assets.

Delivering the judgment in suit no FHC/ABJ/CS/1127/18 filed by
the Special Presidential Investigation Panel for the Recovery of
Public Property on behalf of the Federal Government, Justice Taiwo
Taiwo, also placed a post-no-debit order on 22 bank accounts linked
to Nwaoboshi.

The embattled lawmaker was recently referred to the Office of
the Department of Public Prosecutions, Federal Ministry of Justice
by the Special Presidential Investigation Panel led by Chief Okoi
Obono-Obla for allegedly making false assets declaration in his
Form CCB1 submitted to the Code of Conduct Bureau.

According to the ruling, 14 properties and 22 bank accounts
linked to the senator are to be temporarily forfeited to the
Federal Government.

Aside from sealing off the properties, the Panel also wrote to
several banks including Zenith International Bank Plc; United Bank
of Africa; Sterling Bank Plc and Access Bank Plc to block Senator
Nwaoboshi from operating multiple accounts maintained by him in
these banks pursuant to the order of the interim forfeiture given
by the court.

Some of the properties sealed by the Presidential Panel
included: Summing Electrical Company located at Asagba along Asaba
Airport Road, Asaba, Delta State; PON filling station along Asaba
Airport Road, Asaba, Delta State, and a multibillion naira estate
under construction at Maryam Babangida Road, Asaba, Delta
State.