Court grants motion to discontinue EFCC’s N20 billion suit against Kogi gov't A Federal High Court sitting in Lagos has discontinued a suit by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of an N20billion bailout funds allegedly granted to the Kogi State Government. EFCC had brought a suit, seeking an interim order to freeze the sum of N20 billion bailout fund, in the account of Kogi state. The fund, alleged to have been domiciled in an interest yielding account with the sterling bank, was said to be meant...