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I Do Not Own 11 Houses Seized By Court – Nigerian Senator

Parrot Reporters by Parrot Reporters
July 8, 2019
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Court Orders Interim Forfeiture of Senator’s 11 Houses And 22 Bank Accounts
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Senator Peter Nwaoboshi representing the Delta North Senatorial District has denied ownership of the the 11 houses and 12 bank accounts out of the 22 banks accounts which the Special Presidential Investigative Panel for the Recovery of Public Property had said belonged to the Senator.

It would be recalled that the Panel had recently got a court injunction to seize the properties from the Senator.

Senator Peter Nwaoboshi has however publicly denied ownership of the properties and some of the bank accounts.

The Senator who held a press conference to issue his denial said, “My attention has been drawn to a purported forfeiture order. I am yet to be served with the proceedings of the court. I only read it in the print media.

“I don’t have 22 bank accounts. That is not to say that there is any law that forbids me to own up to that number of bank accounts or more than that in Nigeria.

“Most of the alleged bank accounts belong to companies of which they thought I have interest in but I am not a signatory, a director, or a shareholder in any of the companies.

“It is therefore wicked, malicious, frivolous, scandalous and a height of irresponsibility to link me with them. It, therefore, portrays the level of the understanding of the law by the leadership of the SPIB.

He further said “I challenge the SPIB to publish the names of the shareholders, directors, and signatories to the accounts for the public to judge. For instance, the ownership of Suiming Electrical Company has been settled, in a case determined in 2017.

“Hon Justice Okon Abang pronounced the ownership of Suiming Electrical Nigeria Limited and the Guinea House on Marine Road, Apapa in Lagos State which was also linked to me.

“All the companies mentioned are registered with the Corporate Affairs Commission. I wonder why the SPIB failed to carry out due diligence before rushing to the court to tarnish my image by securing a forfeiture order on firms that I have nothing to do with.”

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