President Muhammadu Buhari is to order the forfeiture of assets belonging to the Indigenous People of Biafra (IPOB) to the federal government following the designation of the group as a terrorist organisation.
Sources at the Federal Ministry of Justice told the Punch, that the president is expected to appoint an administrator, who would oversee the forfeiture of IPOB’s assets, home and abroad, to the federal government.
According to the sources, the forfeiture of IPOB’s assets would no longer require any court order since the group had been designated a terrorist organisation.
The federal government has also reportedly documented the order of the Federal High Court which proscribed the group as a terrorist organisation and has commenced moves to notify banks, Nigerian embassies abroad and foreign missions operating in Nigeria from further relating with IPOB.
The document titled Terrorism (Prevention) (Proscription Order) Notice, 2017, notified the public of the proscription of IPOB and warned that any person or group of persons participating in the activities of the group “in any manner” would be violating the provisions of the Terrorism (Prevention) Act, 2011 as amended in 2013 and would be liable to be prosecuted.