Court Orders Temporary Forfeiture of N1.37 Billion Linked to Kaduna Officials

The Federal High Court in Kaduna ordered the temporary forfeiture of N1.37 billion, following allegations of fund diversion.

Justice G. M. Kabara issued the order on February 28, 2025, responding to an application filed on February 14, 2025.

According to documents, the forfeited sum was recovered into the ICPC recovery account at the Central Bank of Nigeria.

The investigation covers activities between 2015 and 2023, focusing on alleged financial misconduct by Kaduna State officials during that period.

Sources confirmed that the recovered funds were directly linked to Indo Kaduna Marts JV Nigeria Limited’s private bank account.

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The court instructed the Federal Government to publish notices in newspapers, inviting interested parties to present legal claims.

“The defendant must temporarily forfeit N1,373,180,510.07 to the Federal Government of Nigeria,” Justice Kabara declared in court proceedings.

Filed under the Proceeds of Crime Act 2022, the case has been adjourned until April 8, 2025, for hearing.