The Federal High Court sitting in Ikoyi, Lagos, has issued a final forfeiture order against 2,041,087,747 units of Livingtrust Mortgage Bank Plc shares, formerly known as Omoluabi Mortgage Bank Plc. The shares are valued at N6.67 billion. Justice F. N. Ogazi further directed the forfeiture of N42.46 million and $26.44, following investigations linking the assets [...]The post Court orders final forfeiture of N6.6 billion Livingtrust Mortgage Bank shares and funds linked to ponzi scheme in Nigeria appeared first on Nairametrics.
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