News

Court Grants EFCC Final Forfeiture of $2m, Properties Linked to Emefiele

By Nurat Uthman

A federal high court in Lagos has ordered the final forfeiture of $2.045 million linked to Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN).

In a ruling delivered on Friday, Deinde Dipeolu, presiding judge, ordered the permanent forfeiture of the monies, seven choice landed properties and the two share certificates of Queensdorf Global Fund Limited Trust.

The judge held that Emefiele was not able to connect his lawful earnings as a staff of Zenith Bank and the CBN to the acquisition of the properties.

The court held that the former CBN Governor failed to provide documents or links to show that he owned the properties.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button