News
Court Fixes Date For Hearing On Emefiele Asset Forfeiture Case
The Federal High Court in Lagos has scheduled September 12 for a hearing on various applications related to the asset forfeiture case involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice Deinde Dipeolu announced the date after reviewing submissions from the involved parties.
During the hearing, Bilikisu Buhari-Bala, representing the Economic and Financial Crimes Commission (EFCC), noted that the court had issued an interim forfeiture order on August 15.
This order covered $2.045 million and multiple properties linked to Emefiele.
EDITOR’S PICKS
- I’ll Support Nigerian Govt Find Solution To Farmers/Herders’ Crises –Emir Sanusi
- Lagos Ministry of Transportation Joins the Fight Against Gender-Based Violence in 2024 Campaign
- Sanwo-Olu Encourages Journalists to Share Govt’s Achievements
EKO HOT BLOG reports that the EFCC had been directed to publish this order in a national newspaper to notify interested parties about the potential permanent forfeiture of the assets. Confirmation of this publication appeared in a newspaper on August 28.
Olalekan Ojo, SAN, representing Emefiele, informed the court of applications submitted to stay further proceedings on the case. Ojo requested an adjournment until September 9 to allow the court time to address these applications.
Chibuzor Opara, representing the occupants of one of the contested properties at No. 8a Adekunle Lawal Road, Ikoyi, stated that he had not yet received all relevant documents. Opara also sought an adjournment to adequately prepare for his clients’ defense.
Court Emefiele Asset Forfeiture
After considering the submissions, Justice Dipeolu adjourned the case to September 12 for a hearing on all pending applications.
The asset forfeiture involves several properties, including residential and commercial estates in Lagos and Delta State, as well as shares in a company owned by Emefiele.
FURTHER READING
- Nigerian Man Jailed For Impersonating Flavour, Defrauding U.S. Citizen of $53,000
- I’ll Support Nigerian Govt Find Solution To Farmers/Herders’ Crises –Emir Sanusi
- Ncos Refutes Poor Feeding Allegations In Correctional Centres
These assets are under scrutiny as part of the ongoing investigation into financial misconduct during Emefiele’s tenure as CBN Governor. The upcoming court session will decide whether the assets will be permanently forfeited to the Nigerian government.
Click here to watch our video of the week:
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
