Tag: ForfeitureofAssets
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UNDERSTANDING THE FORFEITURE OF PROPERTIES TO THE FEDERAL GOVERNMENT: A REVIEW OF THE COURT OF APPEAL’S DECISION IN ALISON-MADUEKE -V- E.F.C.C (2024) 1 NWLR (PT. 1918) 101
Introduction In recent years, public notices by the Economic and Financial Crimes Commission (EFCC) announcing the forfeiture of properties to the Federal Government have become increasingly common. It is also not unusual to see an inscription in red ink on the fence of a property announcing that the EFCC has taken over the property by…
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KEY INSTANCES WHERE THE SALE OF REAL ESTATE BY THE ADMINISTRATORS OF AN ESTATE WILL BE DECLARED INVALID BY THE COURT: A REVIEW OF THE SUPREME COURT’S DECISION IN EYIBOH -V- MUJADDADI (2022) 7 NWLR (PT. 1830) 381
This article provides tips on the best practices for handling a property purchase transaction from the administrators or executors of an estate of a deceased. It also provides a detailed analysis of the Supreme Court’s decision in the case of Eyiboh v. Mujaddadi (2022) 7 NWLR (Pt. 1830) 381. The Supreme Court declared that the…