The Federal High Court in Lagos has issued a final forfeiture order for $4.7 million, ₦830 million, and multiple properties linked to disgraced former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.
Justice Yellim Bogoro granted the order following a compelling case by the Economic and Financial Crimes Commission (EFCC), which exposed the financial assets as proceeds of corruption.
According to EFCC prosecutor Bilkisu Buhari-Bala, the funds—now permanently seized by the federal government—were stashed across accounts in First Bank, Titan Bank, and Zenith Bank.
These accounts were managed by a network of individuals and entities, 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.
With this ruling, the government tightens its grip on illicit wealth, marking another major step in the fight against financial crimes.
Credit: Daily Post except headline
