EFCC Appeals Court Ruling on Release of 27 Properties Linked to James Ikechukwu Okwete

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The Economic and Financial Crimes Commission has filed a notice of appeal against the judgment of the Federal High Court, Abuja, which ordered the release of 27 properties linked to businessman James Ikechukwu Okwete and his firm, Jamec West Africa Limited.

The appeal, filed at the Abuja division of the Court of Appeal in Suit No. FHC/ABJ/CS/348/2025, challenges the decision delivered by Justice Joyce Abdulmalik on 31 October 2025.

In a statement released on Thursday, EFCC spokesperson Dele Oyewale said the Commission’s counsel, Abba Mohammed (SAN), expressed dissatisfaction with the ruling, which vacated an interim forfeiture order and dismissed the agency’s bid for the final forfeiture of the assets.

Oyewale said the Commission is seeking two orders from the appellate court.