Justice Emeka Nwite, in a ruling, held that the EFCC had failed to provide evidence that the funds constituted proceeds of fraud or any crime committed either in Nigeria or elsewhere.
Justice Nwite, who agreed with the argument of the company, held that the anti-graft agency bore the burden of proving its case, but failed to do so.
The judge consequently set aside the earlier interim order made on Sept. 9, 2024, freezing the funds in Micoz Bluelink Enterprise’s account.