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HomeLatestAgain, FHC Orders Forfeiture Of $1.4m Linked To Emefiele

Again, FHC Orders Forfeiture Of $1.4m Linked To Emefiele

A Federal High Court sitting in Lagos has again ordered the interim forfeiture of the sum of $1.4m linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Justice Ayokunle Faji ordered the forfeiture of the money to the Federal Government of Nigeria.

The FHC judge also ordered the EFCC to publish the interim forfeiture order in a national newspaper for anyone interested in the money sought to be forfeited to appear before the Court and show cause within 14 days why the final order of forfeiture of the said sum should not be made.

The court made the above orders while granting an ex parte application moved by the counsel to the EFCC, Bilikisu Buhari-Bala.

The money forfeited in the interim is said to be in Donatone Limited’s account and domiciled in Titan Bank Limited.

The matter was adjourned to June 25 for hearing of the final forfeiture of the money.

Recall that on the 23rd May, Justice Yellim Bogoro of the same court had ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties also linked to the former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

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