[

b]A Federal High Court sitting in Lagos has ordered the former Central Bank of Nigeria, CBN, governor, Godwin Emefiele, to forfeit to the Federal Government, a cash sum of $2.045 million, eight choice properties in Lagos and Delta, as well as two share certificates of a firm.[/b]


Justice Deinde Dipeolu ordered the permanent forfeiture of the funds and the two share certificates belonging to Queensdorf Global Fund Limited Trust, stating that the former CBN governor or any interested party did not contest the initial interim forfeiture.

Additionally, the court forfeited seven prime landed properties, noting that Emefiele failed to demonstrate a connection between his lawful earnings from Zenith Bank and the CBN and the acquisition of these properties.


The court pointed out that Emefiele did not provide any documents or evidence to prove ownership of the properties.

However, Emefiele denied any links to the companies under whose names the properties were purchased, and those companies did not appear in court to claim them.

The EFCC listed the companies as Amrash Ventures Limited, Modern Hotels Limited, Finebury Properties Limited, Fidelity Express Services Limited, H & Y Business Global Limited, and SDEM Erectors Nigeria Limited.


Justice Dipeolu concluded that there seems to be something suspicious regarding the acquisition of the properties that Emefiele and the companies are trying to conceal.

The judge further stated that the interested party failed to show any lawful interest in the properties, which were acquired with illegitimate earnings.

Consequently, he ordered the final forfeiture of all properties to the Federal Government of Nigeria, as they are reasonably suspected to have been acquired through unlawful activities.


The properties include two identical fully detached duplexes located at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos, and an undeveloped land measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn Road, Ikoyi.

Others are an industrial complex under construction on 22 plots of land in Agbor, Delta State; 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

DAILY POST recalls that on August 15, 2024, the court had authorised the EFCC to temporarily take custody of the assets.

https://dailypost.ng/2024/11/01/court-orders-final-forfeiture-of-2-045m-cash-properties-linked-to-emefiele/

Emefiele should be in jail already .

Guys please watch and subscribe to my channel


https://www.youtube.com/watch?v=iTb14xq25t8

It's getting red for Emefiele, the most wicked EX CBN Governor.

I hope that all pur former governors and past office holders who have stolen the common wealth of Nigerians can also go through tough scrutiny and forfeiture of their properties just like they are doing to this man, by selective EFCC...

This guy is the real definition of money heist.

What emefiele made me go through, hmmm.
I lost almost half of my business money because of this man's selfishness. I wish I go fit give ham one punch for mouth before they go carry ham go prison.

Emefiele only mistakes was venturing into politics. Tinubu is just trying to pay him back for not supporting is emilokon ambition.

That been said he should face the consequences of his stupiid action, no one cares.

In a working system like China, someone like Emefielele will face firing squad with latest machine gun. The wicked short bald head man killed thousand of Nigerians through his wicked cashless policy and wipe away millions businesses.

Emeifiele looted without the fear of God ...!!

Nah him kuku talk say anybody wey wan fight with him, make them fight with him

Idiot

2 million dollars in cash!

Even American celebrities don't have such amount in cash


2 million dollars in cash?

Cash o.


Like raw visible notes.

Outrageous

Godwin Emefiele na werey him be oo
Who goes around with over $2million in cash

Godwin Emefiele would have gotten the death penalty if he had done this in China

Hmm nawahoo this building 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi. Emefiele build this building when he still with zenith bank before he became cbn governor, I knew it because I was the one who do the interior design job.
Just do good in everything you’re doing lesson learned 👍

VERY GOOD.
EMEFIELE IS ole.com

He should fight all that to the Supreme Court.
This is now more of a witch hunt than an attempt to legally right a wrong

BUHARI EMEFELIE will riot in pot of


Hilda



Rubbish people. + T .pain

It will still be relooted by this present government officials

wunmi590:


I hope that all pur former governors and past office holders who have stolen the common wealth of Nigerians can also go through tough scrutiny and forfeiture of their properties just like they are doing to this man, by selective EFCC...

Idi0t

This man didn't just loot, he decided to put the whole country into it hole with his useless currency change!
E con dey carry bible come court

Moral of the story.. as a career banker, don't start a dog fight with a career politician, you will never win.

This man could've been enjoying his looted wealth but the greed for more money and power just ruined him.

Sorry

DJInfluence:
Moral of the story.. as a career banker, don't start a dog fight with a career politician, you will never win.

This man could've been enjoying his looted wealth but the greed for more money and power just ruined him.

Perhaps it's about the negative new naira policy towards the election period. It was an I'll timed policy

EdiskyHarry:
What emefiele made me go through, hmmm.
I lost almost half of my business money because of this man's selfishness. I wish I go fit give ham one punch for mouth before they go carry ham go prison.

Man made a press conference and said if yiu want to fish him, you should come to CBN

FreeStuffsNG:

[
https://dailypost.ng/2024/11/01/court-orders-final-forfeiture-of-2-045m-cash-properties-linked-to-emefiele/

This man should be jailed in addition. He was not only corrupt, but also incompetent.

.Good. They'll reboot,sell the property back to Emefiele's friends.

Nigeria we hail thee............

JESUS IS COMING SOON
https://web.facebook.com/share/v/19NuafQ59G/

These properties heavy o. About 7 properties in ikoyi alone.
Them don finish this man.
If a Nigerian president is after you and you are Nigerian, just run and never look back.

Heya, but they can't still get all.