Court seizes billion-dollar assets linked to Emefiele worth $4.7 million and ₦830 million
A Federal High Court in Lagos has ordered the temporary seizure of $4,719,054 million USD, ₦830,875,611 million, and various assets connected to Godwin Emefiele, the former Governor of the Central Bank of Nigeria.
The order was made on May 23, 2024, following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).
The court has instructed that the order be published in national newspapers to allow interested parties to show cause why the final order of forfeiture should not be granted.
The funds and properties in question are believed to be linked to several individuals and companies, including 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 properties include multiple buildings under construction, office spaces, industrial parks, and various plots of land.
The EFCC sought the interim forfeiture under relevant laws and the court’s inherent jurisdiction.
The case has been adjourned to July 2, 2024, for a motion for final forfeiture.
