Court Orders Forfeiture Of N1.4Bn Paris Club Refund To Federal Government

A Federal High Court sitting in Lagos, Southwest Nigeria on Friday ordered the permanent forfeiture of a total of N1,442,384,857.84 found in the bank accounts of three firms This firmsallegedly impersonated the consultants engaged by the Nigeria Governors’ Forum to analyse the Paris/London Club loan refunds due to the states, to the federal government. The Economic and Financial via IFTTT