Emefiele: Court Orders More Property Forfeiture
*Targets property worth N11.14bn linked to the ex CBN governor
A Lagos Federal High Court, on Wednesday, ordered the interim forfeiture of a property valued at N11.14 billion purported to be linked to former Central Bank of Nigeria, CBN, governor, Godwin Emefiele.
The order, granted by Presiding Judge, Justice Chukwujekwu Aneke, is subsequent to an ex-parte application filed and pleaded by Economic and Financial Crimes Commission, EFCC, through one of its counsels, Mr. Rotimi Oyedepo, SAN.
Oyedepo informed the court that through proxy and using the proceed from crime, the former CBN helmsman alleged purchased the high-value property, located in upscale areas of the Federal Capital Territory, FCT, Abuja.
He cited three CBN staff members, identified as Emefiele’s accomplices-Makinde Olubunmi, Obayemi Teben and Adebayo Akomolafe, all of whom are alleged to have used their positions to secure retail and special allocations of foreign exchange for various companies in exchange for kickbacks.
Following the submission, the court ordered that the property be temporarily forfeited to the federal government pending the determination of the substantive suit before it.
The court also ordered the EFCC to publish the forfeiture order in a newspaper to allow any interested party or parties to present reasons why a final forfeiture order should not be issued
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