TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...

COURT ORDERS FINAL FORFEITURE OF PROPERTY IN LAGOS. (PHOTOS). #PRESS RELEASE.


 Court Orders Final Forfeiture of Property in Lagos

 

Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, on Tuesday, January 21, 2025, ordered the final forfeiture of a property, a u-shaped two-storey building in Lagos,to the federal Government of Nigeria.

 

The property is situated in the premises of Goodwill Private Schools, Ikorodu, Lagos State.

 

The judge gave the order, following a motion ex- parte  dated January 8, 2025 and filed by the Economic and Financial Crimes Commission, EFCC, through its counsel, Hannatu  KofarNaisa.

 

 The court had, on November 8, 2024, granted an interim forfeiture order of the property and also directed the publication of the same in a national newspaper for any interested party to show cause why the property should not be finally forfeited to the Federal Government.

 

Moving the motion for the final forfeiture order at Tuesday’s sitting,  counsel to the EFCC told the court that the property was reasonably suspected to have been acquired with proceeds of unlawful activities.

 

KofarNaisa also told court that the Commission  published the interim forfeiture order in The Punch newspaper of December 9, 2024 for any interested party to show cause why the final order of forfeiture should not be made in favour of the Federal Government of Nigeria.

 

Justice Owoeye, after listening to the submissions by KofarNaisa, ordered the final forfeiture of the property to the Federal Government of Nigeria.

More photos below. 





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