Livingtrust Mortgage Bank
5 mins read
Court Orders Forfeiture of N6.6bn Shares Linked to Ponzi Scheme
In a significant legal development, a Federal High Court in Lagos has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, worth approximately N6.67 billion. This decision marks a major victory for the Economic and Financial Crimes Commission (EFCC) in its ongoing efforts […]