Retired Admiral Yusuf Forfeits N510m To EFCC

A former Director of Navy Accounts, Rear Admiral, Tahir Yusf (retd.) has temporarily forfeited N510m to the Economic and Financial Crimes Commission (EFCC) following an order of a Federal High Court Abuja.

Justice Ijeoma Ojukwu granted the interim forfeiture order on the application of Mrs Elizabeth Alabi on behalf of the EFCC.

The judge directed that the order be published in a national newspaper and on the website of the commission and adjourned till November 28 for further proceedings.

The money, which is in naira, dollars and pounds are domiciled in Zenith Bank and Tahir Yusuf domiciled in Skye Bank.

The court had in February granted an ex parte motion filed by the EFCC seeking the freezing of the seven accounts.

The anti-graft agency alleged that the money was stolen from the Nigerian Navy.

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