A Federal High Court in Ikoyi, Lagos, has ordered the interim forfeiture of $4,719,054, several property and another N830.8 billion linked to the former Governor of the Central Bank of Nigeria, Godwin Emefiele.
The order was issued on Friday by Justice Yellim Bogoro after an ex-parte motion by EFCC counsels, Bilkisu Buhari and C.C. Chineye.
The forfeited funds, held in various banks, were linked to Omoile Anita Joy, Deep Blue Energy Service Limited, Exactquote Bureau De Change Ltd, Lipam Investment Services Limited, Tatler Services Limited, Rosajul Global Resources Ltd, and TIL Communication Nigeria Ltd.
The property Emefiele forfeited to the Federal Government include:
- 94 Units of 11-storey building under Construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, Ikoyi, Lagos
- AM Plaza, 11-storey office space situate on 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos
- Imore Industrial Park 1, Esa Street, Imoore Land, purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos
- Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, Ibeju-Lekki LGA, Lagos
- 2 properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot.Twin Completed Property Lakes Estate, Lekki, Lagos.
- One plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA
- Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam Investment Services
- A Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a Property Situate on 8, Bayo Kuku Road, lkoyi Lagos.
The EFCC had sought an interim forfeiture of the monies and properties under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, Section 44(2)(b) of the Constitution, and the court’s inherent jurisdiction.
Specifically, the anti-graft agency requested “an interim order forfeiting to the Federal Government of Nigeria the funds held in the accounts listed in Schedule ‘A,’ which are reasonably suspected to be proceeds of unlawful activities.”
“An Interim order forfeiting to the Federal Government of Nigeria Properties provided in 2nd Schedule ‘B’ which are proceeds of unlawful activities.
“An Order directing the publication in any national newspaper, the interim order under reliefs 1-2 above, for anyone who Is interested in the properties and funds sought to be forfeited to appear before this Honourable Court to show cause within 14 days why the final order of forfeiture of the said properties and funds should not be made in favour of the Federal Government of Nigeria.”
In granting the ex-parte motion, Justice Bogoro after he had taken submission of the EFCC’s counsel held; “I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit in support.”
The case was, however, adjourned to July 2, 2024, for the motion for final forfeiture.
