The Federal High Court in Kaduna has issued an interim forfeiture order for the sum of ₦1.37 billion, which was allegedly diverted from the Kaduna State government's coffers during the tenure of former Governor Nasir El-Rufai, spanning from 2015 to 2023.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) traced these funds to a private account belonging to INDO KADUNA MARTS JV NIG. LTD.
The diverted funds were reportedly part of the budget allocated for a light rail project in Kaduna State that ultimately did not materialize. Justice H. Buhari granted the interim forfeiture order on February 28, 2025, following an ex parte application by the ICPC.
The court has mandated the publication of the interim forfeiture order in two national newspapers, inviting any individuals or entities with a vested interest in the funds to present their case before the court within 14 days. Failure to do so will result in the permanent forfeiture of the funds to the federal government.
This development underscores the ongoing efforts by Nigerian authorities to combat corruption and ensure accountability in the management of public resources. The ICPC has reiterated its commitment to investigating and prosecuting cases of financial mismanagement and embezzlement within public institutions. The outcome of this case is anticipated to serve as a deterrent to public officials who might consider misappropriating government funds.