Court Orders Interim Forfeiture of $2.04M and Properties Linked to Former CBN Governor Emefiele

On August 15, the Federal High Court in Lagos ordered the interim forfeiture of $2.04 million and seven properties associated with former Central Bank of Nigeria Governor Godwin Emefiele. The order, issued by Justice Akintayo Aluko, followed an application by the EFCC, which is investigating alleged fraudulent activities linked to Emefiele. The assets include prime real estate in Lagos and an industrial complex in Delta State. The court also ordered the forfeiture of share certificates tied to Emefiele and scheduled further hearings for September 5, 2024.

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