Court orders forfeiture of over N1.2bn stolen from Sterling Bank

Nationaldailyng | 11-05-2025 08:55pm |

The Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of a total sum of ₦1,292,798,746.81 to the Federal Government of Nigeria, following its criminal withdrawal from Sterling Bank Plc due to a system malfunction. The court ruled that the forfeited funds, although now returned to federal custody, are to be [...]The post Court orders forfeiture of over N1.2bn stolen from Sterling Bank appeared first on National Daily Newspaper.

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