The Federal High Court in Lagos State has ordered the interim forfeiture of 2.4 million dollars and seven properties connected to former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele.
Justice Akintayo Aluko made the order following an application by the Economic and Financial Crimes Commission, which is investigating alleged fraudulent activities linked to Emefiele.
The properties in question include prime real estate in Lekki and Ikoyi, Lagos, as well as a large industrial complex under construction in Agbor, Delta State.
Justice Aluko stated that the interim forfeiture was necessary to prevent the dissipation of the assets suspected to be proceeds of unlawful activities.
In addition to the properties, the court also ordered the interim forfeiture of two share certificates of Queensdorf Global Fund Limited Trust, a company allegedly linked to Emefiele.
EFCC counsel, Rotimi Oyedepo, who brought the application for the orders in a suit, argued that the assets were obtained through fraudulent activities.
The EFCC’s investigation, as detailed in court documents, revealed that Emefiele allegedly negotiated kickbacks in exchange for foreign exchange allocations to companies in need of foreign currency for legitimate business purposes.
Comr Imaobong Umoekah
For StàndbyNetwork
