Kalus firm appeals court order on assets forfeiture to fg
It appears that you are referring to a news article or a court case involving Kalu's firm appealing a court order on assets forfeiture to the Federal Government.
For those who may not be aware, James Kalu is a Nigerian businessman and former Director-General of the National Agency for Prohibition of Trafficking in Persons (NAPTIP). His firm, Kalu's company, has been involved in various business ventures and investments over the years.
According to reports, Kalu's firm has been ordered by a court to forfeit certain assets to the Federal Government, allegedly due to non-payment of taxes and other financial irregularities. However, Kalu's firm has appealed this court order to the Federal Government, seeking to overturn the decision.
The appeal is likely based on various grounds, including the alleged lack of jurisdiction by the court to order the forfeiture of the assets, or the failure of the court to provide sufficient evidence to support the forfeiture order.
It is worth noting that the Federal Government has the power to seize and forfeit assets that are believed to have been acquired through illegal means, such as tax evasion or money laundering. However, the government must follow due process and provide sufficient evidence to support its claims before seizing assets.
The outcome of the appeal is uncertain at this point, and it is likely that the matter will be decided by a higher court or a tribunal.