Ex-CBN Gov. Emefiele to forfeit $4.7m, N830m, others to FG

The Federal High Court sitting in Ikoyi, Lagos has granted the interim forfeiture of $4,719,054, N830,875,611, and other assets linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

The order was issued on Friday, May 24, by Justice Yellim Bogoro after an ex-parte motion by the Economic and Financial Crimes Commission (EFCC). Bilkisu Buhari, counsel to the anti-graft agency, filed the ex parte application for the forfeiture.

The funds that have been forfeited to the federal government in the interim are said to be domiciled in First Bank; Titan Bank and Zenith Bank, being operated by 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.