Court orders forfeiture of $2m, shares, properties linked to Emefiele
16 August 2024 |
5:39 am
Justice Akintayo Aluko of a Lagos Federal High Court has ordered interim forfeiture of a cash sum of $2.045 million linked to the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
Photo/facebook/cenbankng
Justice Akintayo Aluko of a Lagos Federal High Court has ordered interim forfeiture of a cash sum of $2.045 million linked to the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The judge also ordered interim forfeiture of seven landed properties linked to the suspended CBN governor.
The judge granted the interim forfeiture after taking the application for the orders in a suit marked FHC/L/MISC/500/24, which was filed and moved by the Economic and Financial Crimes Commission (EFCC) lawyer, Rotimi Oyedepo (SAN).
The lands are listed as follows: “Two fully detached duplexes of identical structures, lying being and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped/ bare land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, Ikoyi, Lagos; four-bedroom duplex at 12a Probyn Road, Ikoyi; industrial complex under construction on a 22-plot of land in Agbor, Delta State; eight units of undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.
Justice Aluko further ordered the interim forfeiture of two shares certificates of Queensdorf Global Fund Limited trust. The EFCC lawyer, in urging the court, said the money and other items sought to be forfeited are reasonably suspected to be proceeds of unlawful activities and kickback from allocation of foreign exchange.
Justice Aluko after listening to Oyedepo’s submission granted the interim forfeiture of the money, the share certificates and the landed properties.
The judge also directed EFCC to publish the interim forfeiture order in a national newspaper, to enable anyone interested in the properties to appear before the court and show cause within 14 days, why the final order of forfeiture of the said properties should not be made in favour of the Federal Government. He subsequently adjourned further hearing of the matter to September 5, 2024.
Related
3 hours ago
The Founder of Afe Babalola University Ado-Ekiti (ABUAD), Afe Babalola, yesterday, said that the palliatives being distributed to Nigerians by the Federal Government is turning the people to beggars and leading them to poverty.
3 hours ago
Justice Akintayo Aluko of a Lagos Federal High Court has ordered interim forfeiture of a cash sum of $2.045 million linked to the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
3 hours ago
The founding National Secretary of Alliance for Democracy (AD), Prof. Udenta O. Udenta, has said that President Bola Tinubu should expect more hunger protests higher in intensity and range than the just-concluded ones, unless significant economic changes occur, such as reducing food prices and inflation.
3 hours ago
In the wake of the recent nationwide protests that spotlighted the challenges of Nigeria’s current political system, a former governor of Abia State, Orji Uzor Kalu, has renewed his call for a shift towards a regional system of government.
3 hours ago
The Nigeria Customs Service (NCS) has intercepted 12 40-ft containers of expired and controlled pharmaceutical products without National Agency for Food and Drug Administration and Control (NAFDAC) registration numbers at Apapa port. The items are worth N1.8 billion. The Comptroller-General of Customs, Bashir Adeniyi, who unveiled the seizures to journalists yesterday in Apapa command, said…
4 hours ago
The last may not have been heard of the face-off between the All Progressives Congress (APC) National Chairman, Dr Abdullahi Ganduje, and the Kano State Governor, Abba Kabir Yusuf.
4 hours ago
The Ministry of Solid Minerals Development, yesterday, hinted at an impending forensic audit of the mining sector as part of efforts to sanitise the industry and boost investor’s confidence.
4 hours ago
National Judicial Council (NJC) has nominated Justice Kudirat Motonmori Kekere-Ekun as the new Chief Justice of Nigeria (CJN) along with 28 others as judges of various courts.
4 hours ago
Health experts have appealed to Nigerians to pledge the harvesting of their corneas immediately after death, to tackle corneal blindness among the living.
4 hours ago
Following the declaration of Mpox as a Public Health Emergency of Continental Security (PHECS) by the World Health Organisation (WHO) and the Africa CDC, the Nigeria Centre for Disease Control and Prevention (NCDC) has placed all port health services across
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.