Access Bank Plc ECOBANK SUPER REWARDS ADVERT Fidelity Bank Plc


Benedict Peters
 The Federal High Court sitting in Abuja has, today 6 July 2018, directed the immediate release of two properties located in the United Kingdom belonging to African Billionaire businessman and Aiteo boss Benedict Peters which had been the subject of an Interim Forfeiture Order obtained by the Economic and Financial Crimes Commission (EFCC) in 2016, allegedly in the course of its investigation of allegations of corruption against the former Petroleum Minister, Mrs Dieziani Alison-Madueke.

By this decision, the court has upheld Peters’ case that the properties wholly belonged to him; was unconnected to any activities of the former minister and were unlawfully as well as unjustifiably included in a list of properties the Commission tried to seize.  The judge, Mrs Justice Nyarko found that a court of Federal Capital Territory (FCT) being competent and coordinate jurisdiction had, in a judgment in separate proceedings, made significant findings with respect to Peters’ means of livelihood.

 The judge ruled that the same court had confirmed his legitimate acquisition of a number of London-based properties including the two properties at Flat 5, Parkview, 83-86 Prince Albert Road as well as Flat 58 Harley House, Marylebone Road, both in Londonand had declared that those assets were insusceptible to forfeiture under any circumstance.  

Justice Nyarko directed that in that event, those properties could not continue to be restrained by the order EFCC had obtained and directed that the properties be released to Peters immediately. Full Report to follow.

About the author

Maestros Media

The views & opinions expressed on this platform as comments, were freely made by each person under his or her own volition or responsibility and were neither suggested not dictated by the owners of the platform (Maestro's Media) or any of their contracted staff. So we take no liability whatsoever for such comments. Please take note!

1 Comment

Click here to post a comment

  • Aloba is a pity that you have such a prospect blog but your lack of dedication is stop you from achieving your goals, Linda didn't become a Billionaire by going AWOL like you do. Is alwsys one situation with you or another instead of being focus, Your inconsistency is very discouraging and I wonder when you will start treating this blog as a serious business that can make you a very rich man without getting crumbs from all these people you are running after for a token. Brother, get yourself together and be serious and stop being disrespectful and taking your blog visitors for granted. BTW, people that started blogging years after you have become VERY RICH while you are still there getting crumbs. #tougjhlove #befocus #blogisamoneymakingbusiness