Yemitaf

Company Description

EFCC seizes Balogun&＃39;s houses Yemitafdnesday, 31 August 2005 The Economic and Financial Crimes Commission has taken over six prime properties believed to be owned by the former Inspector-General of Police, Mr. Tafa Balogun.The properties, located in Lagos and Abuja, include those alleged by the EFCC to have been acquired by Balogun with N1.565billion, being part of the sum he illegally amassed while in office. The properties are a five bedroom detached house located at Road Three, Plot J, Victoria Garden City, and a block of six three-bedroom flats at Olusegun Aina Street, Park View Estate, Ikoyi, Lagos. Those in Abuja are the Shakir Plaza at Plot 1029, Cadastral Zone, A3, Garki II; Yasuha Plaza, Plot 1046, Adetokunbo Street, Wuse II; and two double-duplex apartments on 110 Tunis Street, Wuse Zone Six. The properties were bought in the names of Ceejay Properties Nigeria Limited, Olatrade Nigeria Limited, and Renovations Constructions Limited, all companies in which the former police chief are said to have interests. The EFCC, in a correspondence to tenants in the Shakir Plaza dated July 4 but administered on August 25, said it had appointed Diya, Fatimilehin and Company, a Lagos firm of estate surveyors and valuers, to manage the property. The letter reads, "Following the interim forfeiture order by the Federal High Court, Lagos on the above mentioned, the commission wishes to inform you of the appointment of the under- mentioned firm of estate surveyors and valuers to manage the said property. "You are therefore requested to give them maximum cooperation in this regard at all times and direct all matters concerning your tenancy to them." The letter by Mr. Ibrahim Lamorde on behalf of the EFCC Executive Chairman, Mr. Nuhu Ribadu, also outlined the duties of the estate firm. These include demanding and collecting rents as and when due; to take charge of, manage and control the property Relationship; as well as to renew, terminate and document tenancies of the pro