Court Orders Final Forfeiture of 1.4 million Dollar Linked to Emefiel
The Federal High Court, sitting in Lagos has ordered the final forfeiture to the Federal Government, of the sum of 1.4 million dollar, linked to the former Central Bank of Nigeria, Godwin Emefiele.
Justice Ayokunle Faji gave the order after hearing an application filed and argued by the Economic and Financial Crimes Commission (EFCC).
The order is coming a few days after another judge of the same court, Justice Chukwujekwu Aneke, ordered the final forfeiture of over 12.18 billion naira in money and properties linked to the same Emefiele.
At yesterday’s proceedings, counsel to the EFCC, Bilkisu Buhari-Bala, urged Justice Faji to grant the final forfeiture order of the money, domiciled in an account number in Titan Trust Limited, to the Nigeria government.
Buhari also told the court that the application for the final forfeiture of the said sum has been established to be proceeds of unlawful activities.
The applicant was supported by an affidavit deposed to by one David Jayeoba, an Investigating Officer with the EFCC, alongside a written address.
