Justice Adeniyi Onigbanjo of an Ikeja High Court, ordered the freezing of the assets of Mamman Nasir Ali, the son of former Chairman of the Peoples Democratic Party (PDP), Dr. Ahmadu Ali and his co-accused, Oluwaseun Ogunbambo.

The order interim forfeiture was granted to the Economic and Financial Crimes Commission (EFCC) which brought an ex-parte application to that effect.

Though the anti-graft agency did not specify the worth of all the assets it sought to freeze, according to it, the affected assets, are mostly bank accounts with a United Kingdom and five Nigerian banks, and a landed property at 2 Olamijuyin, Avenue Parkview Estate, Ikoyi Lagos.

The UK bank account bearing the name of his England-based company, Seatac Petroleum Ltd, was said to be having £1m standing to its credit.

Five of the bank accounts were bearing the names of his companies, Fargo Petroleum Gas Ltd, Arnage Oil and Gas Ltd and Seatac.

The anti-graft commission also alleged that Nassaman Oil Service Ltd, a company belonging to Mamman, was among the assets frozen at the instance of alleged fraud linked to Ogunbambo.

Moving the application for forfeiture, EFCC's counsel, Mr. Francis Usani, said: "the properties and bank accounts set out in the schedule hereto, properties of the persons currently standing trial for conspiracy to obtain money by false pretence, obtaining the sums of over N4.5bn by false pretence, forgery and uttering of a documents in the cases pending in this judicial division (Ikeja), be in the interim forfeited to the Federal Government of Nigeria pending the determination of the proceedings against him."