RismadarVoice Reporters
June 5, 2026
A High Court in Borno State has ordered the interim forfeiture of a four-bedroom house and other assets linked to separate fraud and criminal misappropriation investigations being conducted by the Economic and Financial Crimes Commission.
Justice Babagana Karumi granted an ex parte application filed by the EFCC, ordering the temporary forfeiture of a four-bedroom property situated in Dikecheri Mashamari Ward, Jere Local Government Area.
The property is linked to one Udda Hamid Ahmad, also known as Imam Dawud, who is being investigated over allegations that he diverted ₦345 million entrusted to him for the purchase of wheat offal.
According to EFCC investigations, the complainant, Ahmadu Idris, allegedly transferred the funds in 2022 and 2023 after being promised profits from the transaction. The anti-graft agency claims the suspect misappropriated the money for personal use instead of carrying out the investment.
The court held that the property was reasonably suspected to have been acquired with proceeds of crime and ordered its interim forfeiture pending the conclusion of investigations and legal proceedings.
In a separate ruling, Justice Jude K. Dagat granted an interim forfeiture order affecting assets belonging to Muhammad Abubakar, also known as Abubakar Muhammad.
The order covered a bank account domiciled with Keystone Bank, as well as a Tecno Camon 40 Pro mobile phone and an iPhone 17 Pro Max.
The Federal High Court directed that the account, funds contained in it, and the mobile devices be temporarily forfeited to the Federal Government pending the outcome of investigations.
Abubakar is currently under investigation by the EFCC for alleged criminal misappropriation and cheating.
The rulings form part of ongoing efforts by anti-corruption authorities to trace, recover, and preserve assets suspected to be connected to financial crimes while investigations and court proceedings continue.
