Court orders another forfeiture of N11b property linked to Emefiele

The Federal High Court sitting in Ikoyi, Lagos, yesterday granted the Federal Government an order of interim forfeiture of property valued at N11,140,000,000.00 linked to the embattled

Oyedepo told the court that Emefiele was suspected to have bought the choice property by proxy with funds suspected to be proceeds of fraud. The EFCC’s counsel said the anti-graft agency identified a former CBN worker and two current ones as Emefiele’s accomplices in the alleged fraud.Justice Aneke ordered the EFCC to publish the order in a national newspaper so that any interested party could show cause why the final order of forfeiture should not be made.Court seizes $4.7m, N830m, multibillion assets linked to Emefiele

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Court orders forfeiture of property worth N11.14bn linked to EmefieleA Federal High Court in Lagos, yesterday, granted an order for the interim forfeiture of property valued at N11.14 billion allegedly linked to former Central Bank of Nigeria, CBN, governor, Mr. Godwin Emefiele.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Court orders forfeiture of N11.14bn property linked to EmefieleJustice Chukwujekwu Aneke of a Federal high Court sitting in Lagos has granted the Federal Government an interim forfeiture
Source: GuardianNigeria - 🏆 1. / 94 Read more »