{"id":309469,"date":"2021-01-29T21:38:10","date_gmt":"2021-01-29T20:38:10","guid":{"rendered":"https:\/\/arewa.ng\/?p=309469"},"modified":"2021-01-29T21:42:27","modified_gmt":"2021-01-29T20:42:27","slug":"corruption-case-ex-zamfara-governor-yari-forfeits-n278-98-million-to-nigerian-government","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=309469","title":{"rendered":"Corruption Case: Ex-Zamfara Governor, Yari Forfeits N278.98 Million to Nigerian Government"},"content":{"rendered":"<div>A Federal High Court sitting in Abuja has ordered the final forfeiture of N278, 989, 960 million, traced to the former governor of Zamfara State, Abdulazeez Abubarkar Yari, by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to the Nigerian government.<br \/>\n<span class=\"container container-pod container-pod-short\"><span class=\"adunit-parent hide block-module block-module-ad block-module-ad-300x250\"><span class=\"block-module-image-wrapper\"><\/span><\/span><\/span><br \/>\nJustice Ijeoma Ojukwu, who gave the ruling, ordered that monies found in three separate bank accounts allegedly linked to the former governor should be forfeited to the Nigerian government.<br \/>\n<span class=\"ds-1col file file-image file-image-png view-mode-embedded centered clearfix block-story-object block-story-object-resource block-story-object-resource-image\"><br \/>\n<span class=\"block-story-object-asset\"><img decoding=\"async\" class=\"media-element file-embedded\" typeof=\"foaf:Image\" src=\"https:\/\/arewa.ng\/storage\/2021\/01\/Corruption-Case-Ex-Zamfara-Governor-Yari-Forfeits-N27898-Million-to-Nigerian.png\" alt=\"\"><\/span><br \/>\n<\/span><br \/>\n<span style=\"font-size:13.008px;\">ICPC, in a motion ex parte filed in 2019 at the Federal High Court, had alleged that the funds were proceeds of unlawful activities stashed away in Zenith and Polaris banks respectively by Yari and his associates.<\/span><br \/>\nThe court while granting the motion ex parte, ruled that the former governor did not convincingly prove how he made the money found in his private account with Zenith Bank and two companies linked to him.<br \/>\nThe court further held that while it was not wrong for individuals to have huge sums of money in their bank accounts, such a person in whose custody the money was found is required to prove that it was legitimately earned.<br \/>\nThe forfeiture order includes N12.9 million in a Zenith Bank account of the ex-governor and N11.2 million in the Zenith Bank account of Kayatawa Nigeria Limited, a company allegedly owned by him.<br \/>\nYari will also forfeit $358, 375, amounting to N135.4 million when converted to local currency, to the Nigerian government. This is made up of $56, 056 in the Polaris Bank account of Kayatawa Nigeria Limited and $301, 319 in the Zenith Bank account of B.T. Oil and Gas, another company linked to the former governor.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Federal High Court sitting in Abuja has ordered the final forfeiture of N278, 989, 960 million, traced to the former governor of Zamfara State, Abdulazeez Abubarkar Yari, by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to the Nigerian government. Justice Ijeoma Ojukwu, who gave the ruling, ordered that monies found in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":309470,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[2658,5571,271],"class_list":["post-309469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-a","tag-abdulaziz-yari","tag-zamfara"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/309469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=309469"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/309469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/media\/309470"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=309469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=309469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=309469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}