Court orders forfeiture of Emefiele’s $1.4m bribery proceeds - News Summed Up

Court orders forfeiture of Emefiele’s $1.4m bribery proceeds


The Federal High Court in Lagos, on Wednesday, ordered the interim forfeiture of $1,426,175.14 linked to former Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Ayokunle Faji directed the Economic and Financial Crimes Commission to publish the interim forfeiture order in a national newspaper. The court order followed an ex parte application marked FHC/L/CS/232/2024, moved by EFCC counsel, Bilikisu Buhari-Bala. “It is in the interest of justice to grant this application.”Justice Faji after granting the interim forfeiture order adjourned till June 25 for the hearing on the final forfeiture. The Wednesday forfeiture comes days after Justice Yelim Bogoro of the same Federal High Court on May 23, 2024, ordered the interim forfeiture of $4.7 million, N830 million, and properties linked to Emefiele.


Source: Punch May 30, 2024 15:39 UTC



Loading...
Loading...
  

Loading...