Categories: Crime Watch

EFCC Secures Final Forfeiture Of Chinese’s $300,000

 

Justice Babatunde Quadri of Federal High Court, Abuja, on Monday, May 11, 2020, ordered the final forfeiture of $300,000, belonging to a Chinese national, Li Yan Pin, to the Federal Government of Nigeria.

The judge had earlier ordered the interim forfeiture of the money following an exparte application filed by the Economic and Financial Crimes Commission, EFCC.

READ ALSO: 30 Suspected Almajiris Intercepted In Ogun

Yan Pin stood trial for a money laundering charge, leveled against him by the EFCC over the said sum after intelligence led to his arrest at the Nnamdi Azikiwe International Airport, Abuja, for failing to declare the sum in his possession, as he attempted to board a flight to China en-route Dubai.

Soonest Nathaniel

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