Enugu: EFCC restores 11 properties to Arthur Eze

EFCC money Laundering

The Economic and Financial Crimes Commission (EFCC) has restored eleven properties confiscated in various districts of Enugu, to millionaire businessman Arthur Eze.  

The assets were seized by the EFCC from the duo of Olisaebuka Okechukwu Eze and Onyeka Nnadozie Eze, administration and finance managers at Arthur Eze’s firm, respectively, who were charged with criminal breach of trust and diversion of monies belonging to the business mogul. 

Wilson Uwujaren, the EFCC’s spokesperson, made the announcement on Monday in Abuja. 

According to the commission, the inquiry revealed that the couple, who is also the business mogul’s nephew, utilized the profits of their alleged illicit operations to purchase prime real estate in Enugu and other areas of South Eastern Nigeria.  

According to Uwujaren, the anti-graft agency-initiated forfeiture proceedings against the two company officials during the investigation before Justice I.M Buba of the Federal High Court, Enugu, who granted an interim order of forfeiture of the said properties, directing the defendants to show cause why the properties should not be finally forfeited. 

“In the lack of any contrary information, the Court directed that the properties be finally forfeited and surrendered to the nominal complainant, Chief Arthur Eze, on October 18, 2021,” Uwujaren added. 

When he received the properties in Enugu, Eze thanked the EFCC for ensuring that justice was done.  

“I am thankful to Mr. Abdulrasheed Bawa, the Executive Chairman of the EFCC, the Zonal Commander, and all your guys who battled for justice to be served,” Eze added. 

“I am aware that your guys sacrificed their lives for this cause at some point. I pray that God, who has been watching over you, would always keep you safe. I’ve come to thank you in person for everything you done for me while people I call my own took from me.” 

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