The Independent Corrupt Practices Commission – ICPC’s officials have recovered looted funds worth $919,202 from some staff in Federal High Court Port Harcourt, Rivers state. The money was kept in a bank to yield interest.
The spokesperson for ICPC, Mrs Azuka Ogugua said the money which was recovered from the three respondents that included the Chief Registrar and Deputy Registrar of the Federal High Court and from a Union bank branch in Port Harcourt.

She further said:
“In the course of investigating a petition written against some officials of the court for alleged violation of ICPC Act 2000, ICPC Officials Recovered $919202, ‘being the sum of confiscated, value and sold vessel hidden in a bank account”
“To allow any interested persons show cause why the money should not be forfeited finally to the federal government, ICPC immediately filed an ex-parte motion for an Interim Order of Forfeiture in November 2020″
“While ruling on the Interim Order of Forfeiture, Justice Mohammed Sani of the Federal High Court, Port Harcourt granted the Commission’s prayers for interim forfeiture of the sum pending the final hearing of the case”
“In his ruling on the motion on notice for the final forfeiture of the money, Justice Sani held that he was satisfied that ICPC had placed sufficient evidence before the Court to justify a final forfeiture of the contentious money”
“He therefore ordered Union bank, station road branch, Port-Harcourt to immediately pay the money into the Federal Government’s Treasury Single Account as the money in question rightly belonged to the Federal Government of Nigeria.”
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This sum is said to be the seized alias confiscated, value and vessel sold which belongs to the Government. An order was sent for the money to be transferred to the Federal Government Treasury Single Account.

