The Federal High Court sitting in Lagos has ordered the permanent forfeiture of $4.7 million, N830 million, and multiple properties linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
The presiding judge, Justice Yellim Bogoro, gave the order via a judgement delivered on Friday, February 21, 2025.
Justice Bagoro also ordered the final forfeiture of investments worth $900,000 traced to one of Emefiele’s close relatives, Anita Joy Omoile.
Court orders forfeiture of $2m, 8 properties linked to Emefiele
The judge also ordered the final forfeiture of another $4.4 million worth of investment traced to Deep Blue Energy Services Limited as well as another sum of N283 million in Zenith Bank traced to Liman Investment Limited, €20,000, and £1,999.50, traced to Exactquote Bureau De Change (BDC), all linked to Omoile.
At the instance of the Economic and Financial Crimes Commission (EFCC), Justice Bogoro granted the final forfeiture of all the funds to the federal government after holding that they were proceeds of unlawful activities.
President Bola Tinubu will depart Abuja on Thursday for Makkah, Saudi Arabia, to perform Umrah…
Lagos State Governor Babajide Sanwo-Olu says his administration is committed to the Lagos State Development…
President Bola Tinubu has mourned veteran journalist and political analyst, Reverend Mobolade Omonijo, describing him…
The Nigeria Customs Service (NCS), the World Customs Organization (WCO) and the Economic and Financial…
The All Progressives Congress (APC) has expanded President Bola Tinubu’s 2027 presidential campaign council with…
Osun State Governor, Ademola Adeleke, has denied entering into any agreement with the All Progressives…
This website uses cookies.