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Home Judiciary

BREAKING: British Police, Courts Prove Dependable in Quick Resolution of Frozen Funds Case

…as court orders release of $1.2 million to Senator Ned Nwoko

by NewsNet Nigeria
7 months ago
in Judiciary, News
Senator Nwoko takes clamour for creation of Anioma State to X Space

Senator Ned Nwoko

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A recent high-profile ruling has shown the British justice system’s effectiveness, as the City of London Magistrates’ Court ordered the release of $1,199,965 to Nigerian Senator Prince Ned Nwoko, that was frozen in an account belonging to Mr. Keith Davies.

The money, originally transferred by Ned Nwoko to a middleman named Abubakar, was subsequently transferred to Davies, who held himself out as a broker.

ALSO READ  June 14 Meeting: Nwoko, Onwenna, Ejiofor, others accuse Onyeme's media aide of misrepresenting facts

However, the funds were frozen by authorities pending the resolution of the ownership dispute.

Following the court proceedings, the judge ruled that the funds should be returned to Ned Nwoko, acknowledging him as the rightful owner.

HSBC has been ordered to release the money to Nwoko’s legal representatives within seven days.

ALSO READ  Igbanke leaders reaffirm support for Anioma State, seek place in formation of new state

Details later…

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