Give Us

UPLOAD SONG  |  ADVERTISE  |  CONTACT US


News

Court Orders Final Forfeiture of $2.045m Cash, Properties Linked to Emefiele

Posted by on November 2, 2024 0

Justice Deinde Dipeolu ordered the final forfeiture on grounds that the properties are reasonably suspected to have been acquired with proceeds of crime.

A cash sum of $2.045 million, eight choice properties in Lagos and Delta, as well as two share certificates of a firm traced to former Central Bank of Nigeria, CBN, governor, Godwin Emefiele have been forfeited to the Federal Government.
The order for the final forfeiture was given by the Federal High Court sitting in Lagos on Friday.
Justice Deinde Dipeolu ordered the final forfeiture on grounds that the properties are reasonably suspected to have been acquired with proceeds of crime.
The Economic and Financial Crimes commission, EFCC, had alleged that the companies were used to launder funds for the former CBN governor.
Recall that on August 15, 2024, the court, had authorised the EFCC to temporarily take custody of the assets.
Click to see more posts about 👇

Read Also

No Comments Yet Drop Comment

Drop your Comment



Go Back To The Top

Music of the Week