Oladimeji RamonThe Federal High Court in Lagos has dismissed the claim of Union Bank Plc to Flat 7B, Osborne Towers, Ikoyi, Lagos. The court described the bank as a busybody, just as it ordered the permanent forfeiture of the property to the Federal Government. It urged the court to order the permanent forfeiture of the property to the Federal Government. In a ruling on Friday, Justice Mojisola Olatoregun, granted the EFCC’s prayer, dismissing the objection by Union Bank, which claimed to have interest in the property. “The respondent, Chobe Ventures Ltd., refused and neglected to either file any process or appear in court.

Source: Punch January 19, 2018 09:46 UTC