The {Economic} and {Financial} Crimes Fee (EFCC) has reportedly secured a remaining forfeiture order for a warehouse constructed on a landed property measuring 1.925 hectares, allegedly linked to the previous governor of the Central Bank of Nigeria, Godwin Emefiele.
The forfeited property is positioned on the Lagos/Ibadan expressway in Magboro, Obafemi Owode Native Authorities Space of Ogun State.
Channel Tv experiences that the Federal Excessive Courtroom sitting in Lagos on Thursday ordered the ultimate forfeiture, together with 54 general-purpose metal containers.
On November 28, 2024, counsel to the EFCC, Rotimi Oyedepo (SAN), had filed a movement ex parte in search of forfeiture of the belongings.
Oyedepo cited Part 44(2)(B) of the Structure of the Federal Republic of Nigeria 1999 (As Amended) and Part 17 of the Advance Price Fraud and Different Fraud Associated Offences Act 2006.
He urged the courtroom to approve“a remaining forfeiture order to the Federal Authorities of Nigeria for properties contained in Schedule A; a warehouse constructed on a landed property measuring 1.925 hectares, mendacity, being, and situate at Km 8, alongside the Lagos-Ibadan Expressway, Magboro, and 54 general-purpose metal containers, that are moderately suspected to have been acquired with proceeds of illegal actions.”
“The appliance succeeds, and the identical is accordingly granted,” Justice Dipeolu held.
The choose held a remaining forfeiture order is hereby granted, forfeiting to the Federal Authorities of Nigeria the properties contained in EFCC’s Schedule A, that are moderately suspected to have been acquired with proceeds of illegal actions.
This growth provides as much as a number of properties and funds linked to Emefiele which have been forfeited to the federal authorities by the Excessive Courts.
In the meantime, Emefiele’s authorized group has choices to check the choices of the decrease courts on the Appeal Courtroom and Supreme Courtroom for a remaining willpower of the dispute.
