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Emefiele disowns forfeited assets, says property belong to relative

A former Governor of the Central Bank of Nigeria, Godwin Emefiele, has denied the ownership of some funds and property forfeited to the Federal Government on the order of the Federal High Court in Lagos. Justice Yellim Bogoro of the Federal High Court in Lagos on Friday ordered the final forfeiture of $4.7m, N830m, and Read More



Godwin Emefiele, the former CBN governor, has denied ownership of forfeited funds and property, stating they belong to his relatives. He clarified that DeepBlue Energy Limited, established in 2009, is owned by a relative. Emefiele's legal team emphasized that the assets do not belong to him or his immediate family and urged the public not to associate him with these assets. The Federal High Court previously discharged an interim forfeiture order on these assets, which were later forfeited by another judge.

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