Court freezes N20bn found in drug baron’s bank accounts
The National Drug Law Enforcement Agency has obtained a court order freezing N20bn belonging to a drug baron, Mallinson Ukatu.
TheCornet reports that the anti-narcotics agency arrested Utaku, after it traced a large consignment of Tramadol kept in a warehouse to him.
The money, suspected to be proceeds of illicit drug dealing, was found in 103 bank accounts.
The suspected baron is currently being held at the Ikoyi Custodial Centre over the offence.
At the same time, the NDLEA said it had has also filed 23-count charges against Utaku and his six companies, namely Fruitroprics Industries Limited, Mallinson and Partners Limited, NISPO Porcelain Company Limited, MBL Multi-links Services Limited, NISPO Oil and Gas Limited and Urban Space Services Limited.
The anti-drug agency had previously seized 25 properties belonging to Ukatu, upon obtaining a court order.
