Court grants forfeiture of Emefiele’s $4,719,054, N830m, Emefiele

Justice Yellim Bogoro, of the Federal High Court sitting in Lagos, has granted a forfeiture order on monetary and physical valuables belonging to the embattled former Central Bank of Nigeria’s governor, Godwin Emefiele.

The court placed order on the sums of $4,719,054, N830,875,611, and several properties linked to him.

The Economic and Financial Crimes Commission (EFCC) filed the ex-parte application against Emefiele.

“I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit in support.

“I find merit in the application and same is hereby 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. Case adjourned to July 2, for motion for final forfeiture,” Justice Yellim Bogoro ruled.

The various sums of money are deposited in First Bank; Titan Bank and Zenith Bank, and are said to be operated by one Omoile Anita Joy; Deep Blue Energy Service Limited; Exactquote Bureau De Change Ltd; Lipam Investment Services Limited; Tatler Services Limited; Rosajul Global Resources Ltd and TIL Communication Nigeria Ltd.

The affected properties include 94 units of 11-floor building under construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, Ikoyi, Lagos; AM Plaza, an 11-floor office space is located at 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos; Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, in Oriade LCDA, and Amuwo Odofin LGA, Lagos.

Others are Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, Ibeju-Lekki LGA, Lagos; and two properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot twin completed property in Lakes Estate, Lekki, Lagos.

Also are one plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA; an estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas; a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a property situate on 8, Bayo Kuku Road, lkoyi Lagos.

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