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Again, Court Orders Final Forfeiture Of $1.4m Linked To Emefiele

Justice Ayokunle Faji of the Federal High Court in Lagos has ordered the final forfeiture of $1.4 million linked to former CBN Governor Godwin Emefiele to the federal government. The court initially granted the order on June 24, 2024, but set it aside on June 27 after a challenge. The judge reaffirmed the forfeiture on Thursday, stating the Economic and Financial Crimes Commission (EFCC) demonstrated the funds were obtained unlawfully. The money is alleged to be linked to fraudulent activities involving Emefiele and his associates, including bribes and kickbacks.
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