The Federal High Court in Abuja ordered the provisional confiscation of 110.4 million naira suspected of being part of funds illicitly hidden in the accounts of a primary school teacher in Anambra state, the Independent and Corrupt Practices Commission and other related crimes (ICPC) said on Thursday.
Roseline Egbuha is said to be a teacher at Ozala Primary School, Abagana, Anambra State, ICPC spokeswoman Azuka Ogugwu said in a statement.
The statement added that the N110.4 million was traced to the accounts of one James Erebuoye and his co-suspects, who were allegedly beneficiaries of the funds in the primary school teacher’s bank accounts.
The judge, DU Okorowa, also ordered the provisional seizure of a Toyota Lexus SUV, a Toyota Venza car and an Ipad device, which are also said to be linked to other suspects facing investigations into the alleged money laundering allegations involving Mrs. Egbuha.
ICPC said on Thursday that the court issued the order for the provisional seizure of the properties following its ex parte motion filed in court.
“The commission seized the properties of Mr. Erebuoye and his accomplices, who allegedly benefited from more than N500 million illicit funds hidden in the account of a primary school teacher, Ms. Roseline Uche Egbuha,” reads in part. the notice.
The commission said that in June 2020 it arrested Ms. Egbuha, who teaches at Ozala Primary School, Abagana, Anambra State, for allegedly laundering N550 million.
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It said in the statement that its investigation had revealed that an estimated N110,364,592.4 was moved at some point in 2020 from the bank account of the primary school teacher, who was being investigated for money laundering and other fraud, to different accounts owned by the Mr. Erebuoye and eight other people, including two companies.
“The money to be lost includes N17.4 million which was transferred to Erebuoye’s bank account, N14.2 million to an account owned by Ojo Alonge, N16.4 million to a company called DY Bako and Sons Ltd and N30. 8 million to another company known as Dorason Construction Ltd.
“The provisional confiscation order also covers the sums of N7.1 million linked to an account owned by Owoyemi Mayowa, N8.2 million and N6.5 million linked to the bank accounts of Emon Aje Okune and Maureen Chidinma, respectively.” the ICPC statement said.