EFCC files appeal against release of 27 properties belonging to Okoye, company

The Economic and Financial Crimes Commission, EFCC, has said it has appealed the judgment of the Federal High Court sitting in Abuja, which ordered the release of twenty-seven houses to James Ibechukwu Okoye and his company.

In the Notice of Appeal filed at the Abuja Division of the Court of Appeal, the Commission expressed dissatisfaction with the decision of the trial court, which was delivered on October 31, 2025.

EFCC counsel, Abba Mohammed, SAN, sought two orders from the Court of Appeal, which include; Staying the execution of the judgment of the trial court pending the hearing and determination of the appeal; and such further or other orders as the court may deem fit to make in the circumstances.

Meanwhile, the Commission said it felt obliged to correct the distortions and misrepresentations contained in a news story titled “EFCC Invades Abuja Property Despite Court Order Restraining Agency, Awarding N20 million To Jona Brothers”.

It explained in a statement on X that the Abuja property, Plot 680-689 Cadastral Zone B06, Mabushi, Abuja, referenced in the report, is a subject of criminal charge before Justice A.I Kutigi of the Federal Capital Territory, FCT, High Court .

However, the EFCC said it sought and secured an order of interim forfeiture of the property before Justice Emeka Nwite of the Federal High Court sitting in Abuja pending the determination of the criminal charge before Justice Kutigi.

“In granting the order, the court authorized the EFCC to ‘appoint competent persons/ firm to manage the assets/properties listed in the schedule therein, temporarily forfeited to the Federal Government pending the conclusion of investigation and determination of criminal charges against the suspect,’”

“It is also important to point out that the criminal charge struck out by Justice Osho Adebiyi and the N20m cost she awarded is not in any way connected to the interim order.

“In addition, the enforcement of the interim forfeiture order of the property by the Commission is without prejudice to ongoing appeals on court pronouncements about the true ownership of the property. The appeals are ongoing and the EFCC is diligently attending proceedings.”