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BREAKING: Emefiele Loses $4.7m, N830.8m, Properties To FG
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Emefiele Loses $4.7m, N830.8m, Properties To FG
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The order was issued by Justice Yellim Bogoro after an ex-parte application by the EFCC.
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The forfeited properties include various buildings, warehouses, and plots of land in Lagos.
EKO HOT BLOG reports that Justice Yellim Bogoro of the Federal High Court sitting in Lagos has ordered a temporary forfeiture to the Federal Government of $4,719,054, N830,875,611, and several properties linked to a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
Justice Bogoro issued the order after entertaining an ex-parte application brought before him by the Economic and Financial Crimes Commission (EFCC) through one of its lawyers, Bilkisu Buhari.
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In her ruling, the Judge held, “I have listened to the submission of the applicant’s counsel and also perused the application just moved, together with the affidavit in support.
Emefiele Loses $4.7m
“I find merit in the application and the same is granted as prayed.
“The applicant should publish this order in any daily newspaper circulating all over the federation for anybody interested to show cause why the final order of forfeiture should not be made.
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“Case adjourned to July 2 for a motion for final forfeiture,” the court held.
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