The Nation Newspaper Court orders another forfeiture of N11b properties linked to Emefiele
The Federal High Court sitting in Ikoyi, Lagos on Wednesday June 5, granted the Federal Government an order of interim forfeiture of property valued at N11,140,000,000.00 linked to the embattled former Governor of the Central Bank of NigeriaJustice Chukwujekwu Aneke, who presided over the matter made the order sequel to a motion filed and argued by the counsel for the Economic and Financial Crimes Commission, Rotimi Oyedepo , who led Bilkisu Buhari-Bala and Chineye Okezie in the proceedings.
The properties, he said, are mostly located in highbrow parts of the Federal Capital Territory, Abuja. Justice Aneke ordered the EFCC to publish the order in the ThisDay newspaper so that any interested party could show cause why the final order of forfeiture should not be made.It should be recalled that, Justice Ayokunle Faji of the Federal High Court in Lagos had ordered the interim forfeiture of $1,426,175.14 linked to Emefiele May 30, 2024.
The funds were reasonably suspected to be proceeds of unlawful activities of Emefiele, who is facing three criminal trials, Buhari-Bala informed Justice Faji.
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