{"id":122028,"date":"2024-06-22T22:06:13","date_gmt":"2024-06-22T21:06:13","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele"},"modified":"2024-06-23T00:20:59","modified_gmt":"2024-06-22T23:20:59","slug":"court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele","title":{"rendered":"Court okays Nigerian govt to take over N12bn properties linked to ex-CBN Gov, Emefiele"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>A Federal High Court in Lagos has ordered the permanent forfeiture of properties valued at over N12 billion allegedly linked to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN).<\/p>\n

This comes after an earlier court order granted the Economic and Financial Crimes Commission (EFCC) temporary control of the assets.<\/p>\n

The EFCC had accused Emefiele of using proxies to purchase the high-value properties, primarily located in affluent areas of Abuja, with funds suspected to be derived from fraudulent activities.<\/p>\n

The anti-graft agency presented evidence during court proceedings, though details regarding the specific nature of the alleged fraud remain undisclosed.<\/p>\n

Chukwujekwu Aneke, the judge, had ordered an interim forfeiture of the properties on June 5.<\/p>\n

The properties are located in upmarket areas of the federal capital territory (FCT).<\/p>\n

Aneke ordered the anti-graft agency to publish the order in a national newspaper, for any interested party to show cause why the final order of forfeiture should not be made.<\/p>\n

The properties were listed by the EFCC in two schedules \u2014 A and B.<\/p>\n

The judge said: \u201cHaving carefully considered the application and submission of counsel, it is hereby ordered as follows: that a final forfeiture order of this honorable court is hereby made forfeiting to the Federal Government of Nigeria, properties contained in Schedule A herein which were traced and reasonably suspected to have been acquired with proceeds of unlawful activities.<\/p>\n

\u201cThat a final forfeiture order of this Honourable Court is hereby made forfeiting to the Federal Government of Nigeria, properties contained in Schedule B herein which properties were traced to have been acquired with proceeds of unlawful activities.\u201d<\/p>\n

Emefiele, who has not yet commented publicly on the court\u2019s decision, is facing separate criminal trials. He has previously denied any wrongdoing.Balanced, fearless journalism driven by data comes at huge financial costs.<\/p>\n

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.<\/p>\n

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.<\/p>\n

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. A Federal High Court in Lagos has ordered the permanent forfeiture of properties valued at over N12 billion allegedly linked to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). This comes after an earlier court order granted the Economic and Financial Crimes Commission (EFCC) temporary control of the […]<\/p>\n","protected":false},"author":84,"featured_media":122027,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[13413,653,254],"class_list":["post-122028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-featured","tag-emefiele","tag-nigeria"],"yoast_head":"\nCourt okays Nigerian govt to take over N12bn properties linked to ex-CBN Gov, Emefiele - Nigeria<\/title>\n<meta name=\"description\" content=\"A Federal High Court in Lagos has ordered the permanent forfeiture of properties valued at over N12 billion allegedly li ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court okays Nigerian govt to take over N12bn properties linked to ex-CBN Gov, Emefiele\" \/>\n<meta property=\"og:description\" content=\"A Federal High Court in Lagos has ordered the permanent forfeiture of properties valued at over N12 billion allegedly li ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-22T21:06:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-22T23:20:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719082015.821798.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"739\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Court okays Nigerian govt to take over N12bn properties linked to ex-CBN Gov, Emefiele\",\"datePublished\":\"2024-06-22T21:06:13+00:00\",\"dateModified\":\"2024-06-22T23:20:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\"},\"wordCount\":397,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719082015.821798.jpg\",\"keywords\":[\"#featured\",\"Emefiele\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/court-okays-nigerian-govt-to-take-over-n12bn-properties-linked-to-ex-cbn-gov-emefiele\",\"name\":\"Court okays Nigerian govt to take over N12bn properties linked to ex-CBN Gov, Emefiele - 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