The Economic and Financial Crimes Commission has given an update of the ill-gotten assets seized from Late Maude General Aminun-Kano.
According to the EFCC, they are worth N10.9billion, higher than the N3.07 billion stated on Monday.

Although the EFCC did not release the name of the military officer in its update, its earlier statement said the forfeited assets belonged to the General Aminun-Kano.
The EFCC had on Monday, secured the final forfeiture of 24 landed properties valued at over N10,000,000,000 (Ten Billion and Seven Million Naira) belonging to the former member of the Presidential Committee on procurement of arms and equipment in the Armed Forces.
Wilson Uwujaren, spokesperson of the agency stated on Tuesday that the properties were also controlled through companies such as Atlasfield Integrated Services Nigeria Limited, Marhaba Events Place, Aflac Plastics and Atlasfield Gas Plant Limited.
Justice N. E Maha of the Federal High Court sitting in Abuja, granted the Order while ruling on the application by counsel to the EFCC, Cosmos Ugwu and Musa Isah.
The Court had in May 2020 ordered the interim forfeiture of the properties following an ex parte application by the commission, alleging that the assets were proceeds of unlawful activities.
The court, having considered the application vis-a-vis Section 17 of the Advance Fee Fraud and other Fraud Related Offences Act, 2006, more particularly sub-sections 1 and 3 thereof, granted the prayers of the Commission for interim forfeiture and directed the publication of notices, alerting anyone with interest in the properties to show cause why they should not be forfeited to the Federal Government of Nigeria.
In the absence of any contestation, the court on Monday, February 14, ordered the final forfeiture of the properties.
The forfeited properties, situated on lands valued at over N10, 000, 000, 000 are located in different parts of Kano, Katsina, Calabar (Cross River State) and Kaduna.
They included Fuel Stations, Event Centers, Plazas, Block Industries, Truck Assembly Plant, Polythene Production factory and table water factory.
Some of the properties include an undeveloped plot located at Rake, Adjacent to Dara Orthopedic Hospital, Kano valued at N300, 000, 000 (Three Hundred Million Naira); 117 hectares of land located at Adiabo, Oduapani L,G covered by Certificated of Occupancy No. OD/23/2011 dated 21/2/ 2011 in Calabar, Cross River State, valued at N386, 000, 000 (Three Hundred and Eighty Six Million Naira); Truck Assembly at Ring Road, adjacent to AA Affa Filling Station, Kano, valued at N206, 000, 000 (Two Hundred and Six million Naira) and Marhaba Event Centre, Guda Abdulahi Road Farm Centre, Kano valued at N250, 000, 000 (Two Hundred and Fifty Million naira).
The deceased while in the army was once court martialled and convicted.
But this was set aside by the Supreme Court. He was reinstated in the army.
His case: “Brig. Gen. Aminu-Kano vs Nigerian Army”, has become a reference in Nigerian Law Reports.
Not long after his deployment into the finance corps, he enrolled for and obtained an MSc in Accounting and Finance from ABU, and further capped it with a PhD in the same field and from the same institution.
Upon retirement, he became a senior lecturer in accounting in NDA, ABU and the Kaduna State University (KASU).
He was also among others a director in Keystone Bank transition management a member of the Presidential Committee on procurement of arms and equipment in the Armed Forces.


You may also like

Read Next

Trending Now