The Economic and Financial Crimes Commission on Monday arraigned a businessman, Ifeanyi Bosah-Reginald, before an Ikeja Special Offences Court for allegedly tampering with forfeited property.
Bosah-Reginald was arraigned on a count alongside Magnificat Homes & Leisure Ltd. and fifth Neighbourhood Management Ltd.
The EFCC alleged that the defendant ran afoul of the offence of dealing with forfeited property without authorization, contrary to Section 12(1) of the EFCC (Establishment) Act 2004.
The defendant, however, pleaded not guilty to the charge.
The EFCC Counsel, Babatunde Sonoiki, thereafter applied to the court that the defendant should be kept in appropriate custody and also asked for a trial date.
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According to the EFCC, the defendant was alleged to have trespassed property of one Jokotade Tade Estate Resources Ltd. and that of one Foloshade Ogundare.
The EFCC said that the property which was a subject of forfeited order in suit ID/2168/2015 was said to be measuring about 10,687 hectares, situated at Sangotedo Lekki, Lagos State.
It said the property had been forfeited to the Federal Government of Nigeria based on the interim forfeiture order of the court of competent jurisdiction.
Justice Rahman Oshodi ordered the defendant to be remanded in Kirikiri Correctional Centre.
The judge, however, adjourned the case until May 31 for commencement of trial.
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