Court Orders Forfeiture Of $2.045 Million, Eight Prime Properties Of Ex-CBN Gov, Emefiele
The Federal High Court in Lagos State has ruled for the final forfeiture of significant assets belonging to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, directing that a cash sum of $2.045 million and eight prime properties located in Lagos and Delta states be surrendered to the Nigerian government.
In a judgment delivered on Friday, Justice Deinde Dipeolu stated that the assets, which also include two share certificates from a firm, are reasonably suspected to have been acquired through proceeds of criminal activity.
Recall that in October, a dispatch rider, Mr Monday Osazuwa, who is the first prosecution witness in the ongoing trial of embattled former governor of the Central Bank of Nigeria, Godwin Emefiele on Monday, told the court he kept no record of monies collected for Emefiele.
Osazuwa had disclosed this before a Lagos Special Offences Court sitting in Ikeja when he was again cross-examined by Emefiele’s counsel, Mr Olalekan Ojo (SAN).
Emefiele is standing trial over alleged abuse of office and money laundering to the tune of $4.5bn and N2.8bn.
The Economic and Financial Crimes Commission (EFCC) had, on April 8, 2024, arraigned Emefiele along with Henry Omoile on 23 counts bordering on abuse of office, accepting gratifications, corrupt demand, receiving property fraudulently obtained and conferring corrupt advantage.
Emefiele is standing trial over alleged abuse of office and money laundering to the tune of $4.5bn and N2.8bn.
The Economic and Financial Crimes Commission (EFCC) had, on April 8, 2024, arraigned Emefiele along with Henry Omoile on 23 counts bordering on abuse of office, accepting gratifications, corrupt demand, receiving property fraudulently obtained and conferring corrupt advantage.
