A Trusted Nigerian Newspaper
A Federal High Court in Lagos, on Wednesday, granted an order for the interim forfeiture of properties valued at N11.14 billion linked to a former Central Bank of Nigeria governor, Godwin Emefiele.
POLITICS NIGERIA gathered that Justice Chukwujekwu Aneke issued the order following a motion ex parte filed and argued by a Senior Advocate of Nigeria and counsel to the Economic and Financial Crimes Commission , Rotimi Oyedepo.Oyedepo informed the court that Emefiele is suspected of purchasing these high-value properties, primarily located in upscale areas of the Federal Capital Territory, Abuja, by proxy, using proceeds from fraud.
The EFCC also implicated three CBN staff members as Emefiele’s accomplices. Makinde Olubunmi, Obayemi Teben and Adebayo Akomolafe allegedly used their positions to secure retail and special allocations of foreign exchange for various companies in exchange for kickbacks. Justice Aneke has ordered the EFCC to publish the forfeiture order in a newspaper to allow any interested parties to present reasons why a final forfeiture order should not be issued.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court orders forfeiture of N11.1bn properties linked to EmefieleNigeria's independent online newspaper
Read more »
Court Orders Forfeiture Of N11.14bn Choice Properties Linked To EmefieleThe court ordered the interim forfeiture of the properties to the Federal Government.
Read more »
Court orders forfeiture of property worth N11.14bn linked to EmefieleA Federal High Court in Lagos, yesterday, granted an order for the interim forfeiture of property valued at N11.14 billion allegedly linked to former Central Bank of Nigeria, CBN, governor, Mr. Godwin Emefiele.
Read more »
Court orders forfeiture of N11.14bn property linked to EmefieleJustice Chukwujekwu Aneke of a Federal high Court sitting in Lagos has granted the Federal Government an interim forfeiture
Read more »
Court orders another forfeiture of N11b properties linked to EmefieleThe Nation Newspaper Court orders another forfeiture of N11b properties linked to Emefiele
Read more »
Emefiele: EFCC approaches another court after losing forfeiture on $4.7m, ₦830m, propertiesA Trusted Nigerian Newspaper
Read more »