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Nigeria court strikes out EFCC forfeiture bid against ex-power minister
AllAfricaLO·NG·2 days ago
Nigeria's anti-corruption agency recovered and returned N140 million to a loan and investment company after shares pledged as collateral for a N500 million loan were allegedly sold without the company's knowledge. The recovery follows an EFCC investigation into the disputed sale. This is a routine domestic enforcement action with no broader market or geopolitical implications.