The Federal High Court in Abuja has issued an order for the interim forfeiture of N10.7 million traced to the bank account of Togboui Gnadzo Soncy Koakli, the Vice Chancellor of Ecole Superieure de Gestion et de Technologies (ESGT) in Cotonou, Benin Republic.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) disclosed this in a statement on Monday, on its official handle, alleging that the funds are proceeds from unlawful activities, particularly degree racketeering.
The court’s decision followed an ex-parte motion filed by Aniekan Ekong, Esq., representing the ICPC before Hon. Justice Binta Nyako.
The Commission asserted that the sum, discovered in account number 1007884857 at Zenith Bank, was linked to fraudulent degree issuance activities orchestrated by Koakli and his associates.
