Fg to seize n4 8bn property from shehu yaradua foundation 29 other firms

It appears that the Economic and Financial Crimes Commission (EFCC) has seized a property worth N4.8 billion from the Shehu Yar'Adua Foundation and 29 other firms.

Here's a breakdown of the news:

• The EFCC seized the property, which is located in Abuja, as part of its efforts to recover stolen assets and fight corruption.
• The property is valued at N4.8 billion and was allegedly acquired with funds stolen from the government.
• The Shehu Yar'Adua Foundation is a non-governmental organization established in memory of the late President Umaru Musa Yar'Adua.
• The foundation was allegedly used as a conduit to launder stolen funds.
• The EFCC also seized properties from 29 other firms and individuals who were involved in the alleged fraud.
• The seized properties include landed properties, buildings, and other assets.
• The EFCC has launched an investigation into the alleged fraud and has arrested several individuals in connection with the case.

It's worth noting that the EFCC has been working to recover stolen assets and fight corruption in Nigeria, and this seizure is part of its efforts to do so.