{"id":122057,"date":"2024-06-22T22:12:51","date_gmt":"2024-06-22T21:12:51","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele"},"modified":"2024-06-23T01:10:54","modified_gmt":"2024-06-23T00:10:54","slug":"court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele","title":{"rendered":"Court orders final forfeiture of over N12.18bn properties linked to Emefiele"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Federal High Court sitting in Lagos has ordered the final forfeiture to the Federal Government of properties valued at over N12.18 billion linked to former Central Bank of Nigeria, CBN governor, Godwin Emefiele.<\/p>\n

Justice Chukwujekwu Aneke on Friday issued the order of permanent forfeiture after hearing an application filed and argued by the Economic and Financial Crimes Commission, EFCC, through its counsel, Chineye Okezie.<\/p>\n

Recall that on June 5, 2024, the judge upheld EFCC\u2019s motion filed and argued by its counsel, Rotimi Oyedepo, SAN, for a temporary forfeiture of the properties.<\/p>\n

Oyedepo had told the court that Emefiele is suspected to have bought the choice properties by proxy, with proceeds of fraud during his stint as CBN governor.<\/p>\n

The EFCC identified two current and one former CBN staff as Emefiele\u2019s accomplices in the alleged fraud.<\/p>\n

In an affidavit filed in support of the application by the EFCC, the alleged accomplices were identified as Obayemi Oluwaseun Teben and Akomolafe Adebayo, working with Olubunmi Makinde, a former CBN staff and others.<\/p>\n

Ruling on the matter, the judge said, \u201cHaving carefully considered the application and submission of counsel, it is hereby ordered as follows: \u2013 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.\u201d<\/p>\n

The properties forfeited are mostly located in highbrow parts of the Federal Capital Territory, FCT, Abuja.<\/p>\n

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

Africa-Press – Nigeria. The Federal High Court sitting in Lagos has ordered the final forfeiture to the Federal Government of properties valued at over N12.18 billion linked to former Central Bank of Nigeria, CBN governor, Godwin Emefiele. Justice Chukwujekwu Aneke on Friday issued the order of permanent forfeiture after hearing an application filed and argued […]<\/p>\n","protected":false},"author":84,"featured_media":122056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,14],"tags":[69,653,254],"class_list":["post-122057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-court","tag-emefiele","tag-nigeria"],"yoast_head":"\nCourt orders final forfeiture of over N12.18bn properties linked to Emefiele - Nigeria<\/title>\n<meta name=\"description\" content=\"The Federal High Court sitting in Lagos has ordered the final forfeiture to the Federal Government of properties valued ...\" \/>\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\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court orders final forfeiture of over N12.18bn properties linked to Emefiele\" \/>\n<meta property=\"og:description\" content=\"The Federal High Court sitting in Lagos has ordered the final forfeiture to the Federal Government of properties valued ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-22T21:12:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-23T00:10:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719082195.581047.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"1167\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Court orders final forfeiture of over N12.18bn properties linked to Emefiele\",\"datePublished\":\"2024-06-22T21:12:51+00:00\",\"dateModified\":\"2024-06-23T00:10:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\"},\"wordCount\":272,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719082195.581047.jpg\",\"keywords\":[\"court\",\"Emefiele\",\"Nigeria\"],\"articleSection\":[\"all news\",\"head lines\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/court-orders-final-forfeiture-of-over-n12-18bn-properties-linked-to-emefiele\",\"name\":\"Court orders final forfeiture of over N12.18bn properties linked to Emefiele - 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