COURT FIXES JULY 10 FOR JUDGMENT ON MALAMI'S 57 PROPERTIES FORFEITURE SUIT. (PHOTO). #PRESS RELEASE

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 Court Fixes July 10 For Judgment On Malami's 57 Properties Forfeiture Suit A Federal High Court in Abuja has set July 10, 2026 as new date for judgment in the suit filed by the Economic and Financial Crimes Commission (EFCC) seeking the final forfeiture of 57 properties linked to Abubakar Malami, former Attorney-General of the Federation and Minister of Justice.  The presiding judge, Joyce Abdulmalik had earlier fixed Monday, July 6, 2026 for judgment after both parties adopted their final processes and argued the case on May 26.  However, the judge moved her  judgment to Friday, July 10, 2026 The EFCC previously secured an interim forfeiture order for the assets, valued at over N212 billion. The properties are located in Abuja, Kano, Kebbi, and Kaduna. The EFCC had argued that the properties were proceeds of official corruption and abuse of office.  Malami's legal team challenged the move, asserting that the assets were legitimately acquired by the former mini...
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EDO COURT JAILS MAN FOR $19,400 BITCOIN FRAUD. (PHOTO).

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UPDATED:


Edo Court Jails Man for $19,400 Bitcoin Fraud

The Benin Zonal Directorate of the Economic and Financial Crimes Commission has secured the conviction  and sentence of Osamudiamen Philip Ikilo for fraud.

The convict was arraigned on one -count charge of stealing  before Justice W.I. Aziegbemhin of the Edo State High Court sitting in Benin City.

Upon arraignment the defendant pleaded not guilty to the charge,  setting the stage for trial.

The charge reads: That you Osamudiamen Philip Ikilo (m) sometime in March 2024 within the  jurisdiction of this Honourable Court did steal Bitcoin worth the sum of $19,400 (Nineteen thousand, four Hundred United States Dollars) belonging to one Cynthia Imade Alile by fraudulently converting the said sum to your own use, and thereby committed an offence contrary to Section 287 of the  Criminal Law of Edo State Law 2022 and punishable under Section 294 of the same Law.

In the course of the trial,  prosecution counsel, A. S. Bala-Ribah called two witnesses and also tendered documents which were admitted by the court. On his part, the defendant called two witnesses including himself.
Delivering judgment on Monday,  March 23, 2026 Justice Aziegbemhin found the defendant guilty of the charge and sentenced him to two years imprisonment without an option of fine.

Ikilo’s  road to jail began when he offered to assist the petitioner convert her 0.52092582 Bitcoin worth $19,400 but failed to remit the money to the petitioner as he converted same to his personal use.


.Edo Court Jails Man for $19,400 Bitcoin Fraud


The Benin Zonal Directorate of the Economic and Financial Crimes Commission has secured the conviction of Osamudiamen Philip Ikilo for fraud of $19,400 Bitcoin. The convict was arraigned on one count charge of stealing before Justice W.I. Aziegbemhin of the Edo State High Court sitting in Benin City. Upon arraignment the defendant pleaded not guilty to the charge setting the stage for trial. 


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