Nigeria: Court Orders Interim Forfeiture of N1.96bn Linked to Ontario Oil

16 October 2017

A Federal High Court in Lagos has ordered the interim forfeiture of N1.96 billion allegedly belonging to an oil company, Ontario Oil and Gas, over alleged fraudulent sale of refined petroleum.

Justice Hadiza Shagari, issued the order, following an ex parte application filed by the Economic and Financial Crimes Commission (EFCC) seeking attachment of the funds.

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