NAMA Boss Looses Big as Court Orders Him to Forfeit N3.4bn and Some Properties March 11th, 2017 A Federal High court has ordered the temporary forfeiture of the sum of N3.4 billion found in the possession of Managing Director of the Nigeria Airspace Management Agency, Ibrahim Abdulsalam. Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Friday ordered the temporary forfeiture of sums of N3,468,933,487.8 and $67, 586.27 found in possession of the Managing Director of the Nigeria Airspace Management Agency, Ibrahim Abdulsalam, and 11 others, reports Punch. The judge was also ordered to forfeit three petrol stations and a residential building located in Lagos, said to be owned by Abdusalam and others. Court papers reveled that the affected residential building include properties located at No. 5, Sobo Arobiodu Street, GRA, Ikeja, Lagos; while the three petrol station are located at Faith Bus Stop, Egbeda, Idimu Road, Lagos; Idi-Oro, Mushin, Lagos; and Alakuko, L...
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