Monday, 11 May 2020

Chinese National Forfeits $300,000 To Nigerian Govt.

Young Chinese man granted the title of chieftain in Nigeria ...Young Chinese man granted the title of chieftain in Nigeria ...
A judge had earlier ordered the interim forfeiture of the money following an exparte application filed by the Economic and Financial Crimes Commission, EFCC.
Justice Babatunde Quadri of the Federal High Court, Abuja, on Monday, ordered the final forfeiture of $300,000, belonging to a Chinese national, Li Yan Pin, to the Federal Government of Nigeria.

Yan Pin stood trial for a money laundering charge, levelled against him by the EFCC over the said sum.
Intelligence led to his arrest at the Nnamdi Azikiwe International Airport, Abuja, for failing to declare the sum in his possession, as he attempted to board a flight to China en-route Dubai.

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