Supreme Court affirms final forfeiture of mansions, land, $2m, share certificates linked to Emefiele
- The Supreme Court of Nigeria reinstated the final forfeiture of seven properties, $2.045 million, and share certificates linked to Godwin Emefiele, overturning the Court of Appeal's decision.
- The forfeiture order was initially granted by the Federal High Court in Lagos on November 1, 2024, following an application by the Economic and Financial Crimes Commission , alleging the assets were acquired through unlawful activities.
- The forfeited assets include duplexes, undeveloped land, an industrial complex in Delta State, apartments in Ikoyi, Lagos, and cash totaling $2.045 million.
- The Supreme Court upheld a non-conviction-based forfeiture that vests the properties and funds permanently in the Federal Government.
27 Articles
27 Articles
Supreme Court affirms final forfeiture of mansions, land, $2m, share certificates linked to Emefiele
The Supreme Court’s decision comes about 19 months after the Federal High Court in Abuja ordered the final forfeiture of a vast estate comprising 753 housing units in the FCT recovered from Mr Emefiele. The post Supreme Court affirms final forfeiture of mansions, land, $2m, share certificates linked to Emefiele appeared first on Premium Times Nigeria.
Emefiele: Supreme Court okays forfeiture of $2m, properties, share certificates to FG
By Ikechukwu Nnochiri ABUJA— The Supreme Court, on Friday, upheld the final forfeiture of seven landed properties, the sum of $2.45 million, and share certificates linked to the embattled former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to the Federal Government. The apex court, in a unanimous decision by a five-member […] The post Emefiele: Supreme Court okays forfeiture of $2m, properties, share certificates to FG app…
Supreme Court Upholds Forfeiture of Emefiele’s ₦2bn Properties, $2.045m to FG - Economi Confidential
The Supreme Court has affirmed the final forfeiture of seven properties, $2.045 million, and share certificates linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the Federal Government. The post Supreme Court Upholds Forfeiture of Emefiele’s ₦2bn Properties, $2.045m to FG appeared first on Economi Confidential.
Emefiele Loses Lagos Luxury Empire, Delta Coy, $2.045m, Others In Final Forfeiture Order
Former CBN Governor Godwin Emefiele has lost his legal battle over seven luxury properties, as the Supreme Court on Friday reinstated their final forfeiture to the Federal Government. A five-member panel of the apex court, led by Justice Ibrahim Saulawa, unanimously ruled in favour of the Economic and Financial Crimes Commission (EFCC). The decision completely sets aside an earlier Court of Appeal judgment that had ordered a retrial. Justice M…
Supreme Court restores final forfeiture of Emefiele’s luxury properties to FG
The Supreme Court, on Friday, restored the final forfeiture of seven high-value properties linked to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the Federal Government. In a unanimous judgement delivered by a five-member panel led by Justice Ibrahim Saulawa, the apex court overturned the judgement of the Court of Appeal, […] The post Supreme Court restores final forfeiture of Emefiele’s luxury properties to FG appea…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
