ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, June 13, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Crime Watch

Godwin Emefiele Sues EFCC Over $2.4m, Lagos, Delta Assets Forfeiture

Since his removal from office, the Federal High Court, through the Economic and Financial Crimes Commission, has obtained a series of court orders, forfeiting Emefiele’s funds and landed assets.

by NewsOnline Nigeria
September 6, 2024
in Crime Watch, Top Stories
0
Godwin Emefiele

Godwin Emefiele

Godwin Emefiele has sued EFCC over $2.4m, Lagos and Delta assets forfeiture.

 

NewsOnline Nigeria reports that embattled former governor of the Central Bank of Nigeria, Godwin Emefiele, has filed applications to challenge the forfeiture of his assets to the Federal Government by the court.

 

Since his removal from office, the Federal High Court, through the Economic and Financial Crimes Commission, has obtained a series of court orders, forfeiting Emefiele’s funds and landed assets.

 

SEE ALSO: Reps Takes Decision On WAEC, NECO Age Limits In Nigeria

 

The latest of such forfeiture order was obtained by the EFCC on August 12, 2014, when Justice Akintayo Aluko ordered the interim forfeiture of $2.045m and several properties connected to Emefiele.

 

The judge granted the forfeiture order following an ex parte application argued by EFCC’s prosecution counsel, Rotimi Oyedepo (SAN).

 

Among the properties temporarily forfeited were two duplexes at 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land measuring 1919.592 sqm at Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi; a bungalow at 65a Oyinkan Abayomi Drive; a four-bedroom duplex at 12a Probyn Road, Ikoyi.

 

Others included an industrial complex under construction on 22 plots of land in Agbor, Delta State; eight units of an apartment on 2457.60 sqm at 8a Adekunle Lawal Road, Ikoyi; and a duplex on 2217.87 sqm at 2a Bank Road, Ikoyi, Lagos.

 

The properties also include two share certificates of Queensdorf Global Fund Limited Trust, all linked to Emefiele.

Justice Aluko directed the EFCC to publish a forfeiture notice in a national newspaper within 14 days, to allow interested parties to come forward and explain why the assets should not be permanently forfeited.

At the resumed hearing on Thursday, EFCC’s prosecution counsel, Mrs. Bilikisu Buhari-Bala, confirmed compliance with the court’s orders, stating that the forfeiture notice was published on August 28, 2024, in The PUNCH Newspaper.

She also acknowledged receiving two applications from Emefiele’s counsel but said they were not yet ready for hearing.

She requested an adjournment to enable her respond to the applications.

In response, Emefiele’s counsel, Mr. Olalekan Ojo (SAN), who led A. Labi-Lawal, urged the court to prioritise his client’s interlocutory application, which seeks to halt further forfeiture proceedings.

 

“The law states that when such an application is filed, the issue of final forfeiture should be stated,” Ojo argued.

 

Ojo further informed the court that his client’s application, being an interlocutory one, must be heard and determined before any further proceedings.

However, he urged the court to adjourn to Monday, to hear his client’s application.

 

Also, Mr. Chibuzor Opara, representing the occupants of 8a Adekunle Lawal Road, Ikoyi, also requested more time to file his clients’ processes, noting that he had not received all necessary court documents.

 

After taking submissions from all parties, Justice Deinde Dipeolu adjourned the case until September 12 for the hearing of all pending applications.

Previous Post

BREAKING: Reps Takes Decision On WAEC, NECO Age Limits In Nigeria

Next Post

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th September 2024

Next Post
Naira

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th September 2024

Trending Stories

Godwin Emefiele

Godwin Emefiele Sues EFCC Over $2.4m, Lagos, Delta Assets Forfeiture

Balthazar Video Telegram

Balthazar Video Telegram: Watch All 400 Balthazar Engonga Sex Tapes Here

Caleb University Female Student Leaked Sextape Goes Viral, Sparks Social Media Frenzy (Watch Here)

Baltasar Engonga Wife Sex Video

Watch Viral Baltasar Engonga Wife Sex Video With Another Man Here

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Watch Viral Sex Video of Anambra Married Woman

Watch Viral Sex Video Of Anambra Married Woman With Husband’s Best Friend

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Ifunanya Lawyer Leaked Video

Ifunanya Lawyer Leaked Video Goes Viral On Twitter, Reddit, Instagram, Youtube

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

N1 Million New Minimum Wage

BREAKING: Nigeria Labour Congress Demands N1 Million New Minimum Wage

Latest Stories

Peter Obi

Peter Obi Vows to Release Nnamdi Kanu, Engage Agitators Through Dialogue if Elected President

Rotimi Amaechi

BREAKING: Rotimi Amaechi Finally Agrees To Become Atiku’s Running Mate

Winston Osuchukwu

3 Infrastructure Gaps Nigerian Lenders Can’t Afford to Ignore By Winston Osuchukwu

Winston Osuchukwu

Personal Equity: Quantifying Individual Activity to Price Risk By Winston Osuchukwu

Nathu La Server

Zoho Unveils In-House Nathu La Server to Cut Costs, Boost AI Performance and Advance Digital Sovereignty

IMF

IMF Warns Nigeria Over Rising Bad Loans Despite Stronger Banks from Recapitalisation Drive

Former NNPC Boss Mele Kyari

Senate Orders Arrest of Former NNPC Boss Mele Kyari Over Failure to Appear in N210 Trillion Audit Probe

African Leadership

While Nigerians Live in Fear, Politicians Fight for Power By Festus Edovia

African Leadership

Stolen Wealth, Stolen Future: The Tragedy of African Leadership By Festus Edovia

World Bank

World Bank and IMF: Partners in Africa’s Development or Obstacles to Its Future?

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria