Newsroom Nigeria
  • Home
  • About Us
  • Advert Rates
Saturday, May 17, 2025
  • Login
Advertisement
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
Newsroom Nigeria
No Result
View All Result

Emefiele’s Money, Properties: Court Fixes Sept 12 For Hearing Of Applications

Justice Dipeolu, after listening to all counsel, adjourned till September 12, for hearing of all applications.

Newsroom Nigeria by Newsroom Nigeria
September 5, 2024
Reading Time: 3 mins read
Revealed: How Emefiele Approved Contracts, Payments for Wife, Brother-in-law

Emefiele

Share on FacebookShare on Twitter

Justice Deinde Dipeolu of a Federal High Court sitting in Lagos has fixed Thursday, September 12, for hearing of all applications on the forfeited monies and properties linked to a former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Ifeanyi Emefiele.

It would be recall that Justice Akintayo Aluko had on August 15 ordered an interim forfeiture of a cash sum $2.045 million, and some landed properties linked to the embattled banker following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

The judge granted the forfeiture order, after taking the submission of EFCC counsel, Mr. Rotimi Oyedepo (SAN), leading Chineye Okezie and Zeenat Atiku-Bala, who filed and moved the motion for the order.

This Might Also Interest You

Alleged $1,043, 000 Fraud: Supreme Court Revokes Fred Ajudua’s Bail, Returns Him to Prison

EFCC Arraigns Ex-Mercy Chinwo Manager Ezekiel Onyedikachukwu for Alleged $255,000 Money Laundering

Alleged N2.7b Fraud: Court Admits more Evidence against former Minister of Aviation, Sirika, Others

Court Jails Man for Non-declaration of £8020, $704 in Lagos 

Other properties ordered to be forfeited by the court include: two fully detached duplexes of identical structures, lying being and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn Road, Ikoyi;

Others are an industrial complex under construction on 22s plot of land in Agbor, Delta State; 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

Justice Aluko also ordered those two share certificates of Queensdorf Global Fund Limited Trust belonging to Emefiele be forfeited.

The judge, after granting the motion, ordered the EFCC to publish the forfeiture notice in a well-circulated national newspaper within 14 days, for any interested party to show cause and tell the court why the money and properties should not be finally forfeited.

However, at the resumed hearing of the matter on Thursday, Mrs. Bilikisu Buhari-Bala appeared for the EFCC, while Mr. Olalekan Ojo (SAN) and A. Labi-Lawal appeared for Emefiele.

Also, Mr. Chibuzor Opara announced his appearance for the occupants of 8a, Adekunle Lawal No. 8a Adekunle Lawal Road, Ikoyi, Lagos.

Mrs. Buhari-Bala informed the court that the matter was fixed for report of compliance with the orders made on August 15, 2024.

She also informed the court that the EFCC had filed an affidavit showing that the order was published on August 28, 2024 in the Punch newspaper.

Buhari-Bala further informed the court that she had received two processes from Emefiele and that the applications were not ripe for hearing.

She therefore asked the court for a short date, to enable her to respond to Emefiele’s applications.

In his response, Mr. Ojo informed the court that the processes filed on behalf of Emefiele was to stop further proceedings in the forfeiture suit.

He stated that “the law says, where there is an application of such, the issue of final forfeiture should be stated”.

Ojo further informed the court that his client’s application, being an Interlocutory one, must be heard and determined before any further proceedings.

He therefore urged the court to adjourn to Monday, to hear his client’s application.

However, Opara told the court that he was yet to have all processes filed in the matter, despite applying to court for search.

He equally prayed for an adjournment to enable him file his clients processes.

Justice Dipeolu, after listening to all counsel, adjourned till September 12, for hearing of all applications.

Emefiele in court

WE NEED YOUR SUPPORT TO PRODUCE EXCELLENT JOURNALISM AT ALL TIMES.

SUPPORT US AT NEWSROOM NIGERIA @ Newsroom Communication Services: 2042789398, First Bank of Nigeria.
Previous Post

TINUBU MEETS CHINESE PREMIER, SAYS AFRICA HOLDS VAST OPPORTUNITIES FOR INVESTMENTS, GROWTH AND DEVELOPMEN

Next Post

STAKEHOLDERS HIGHLIGHT NEED FOR VALUE-ADDED EXPORTS AS A CATALYST FOR ECONOMIC GROWTH AT THE 2024 ZENITH BANK INTERNATIONAL TRADE SEMINAR

Related Posts

Alleged $1,043, 000 Fraud: Supreme Court Revokes Fred Ajudua’s Bail, Returns Him to Prison
JUDICIARY

Alleged $1,043, 000 Fraud: Supreme Court Revokes Fred Ajudua’s Bail, Returns Him to Prison

May 9, 2025
Internet Fraud: International “Catcher”, Osondu Igwilo’s Accomplice Jailed 16 Years 
JUDICIARY

EFCC Arraigns Ex-Mercy Chinwo Manager Ezekiel Onyedikachukwu for Alleged $255,000 Money Laundering

May 7, 2025
Alleged N2.7b Fraud: Court Admits more Evidence against former Minister of Aviation, Sirika, Others
JUDICIARY

Alleged N2.7b Fraud: Court Admits more Evidence against former Minister of Aviation, Sirika, Others

May 6, 2025
Court Jails Man for Non-declaration of £8020, $704 in Lagos 
JUDICIARY

Court Jails Man for Non-declaration of £8020, $704 in Lagos 

May 4, 2025
Release Aisha Achimugu on your  Bail Conditions – Court Tells EFCC
JUDICIARY

Release Aisha Achimugu on your  Bail Conditions – Court Tells EFCC

April 30, 2025
Breaking: Serial Investment Fraudster Jailed 
JUDICIARY

Breaking: Serial Investment Fraudster Jailed 

April 29, 2025
Next Post
STAKEHOLDERS HIGHLIGHT NEED FOR VALUE-ADDED EXPORTS AS A CATALYST FOR ECONOMIC GROWTH AT THE 2024 ZENITH BANK INTERNATIONAL TRADE SEMINAR

STAKEHOLDERS HIGHLIGHT NEED FOR VALUE-ADDED EXPORTS AS A CATALYST FOR ECONOMIC GROWTH AT THE 2024 ZENITH BANK INTERNATIONAL TRADE SEMINAR

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

MORO CELEBRATE A TRUE STATESMAN: DR PRINCE BOLAJI AFOLABI

MORO CELEBRATE A TRUE STATESMAN: DR PRINCE BOLAJI AFOLABI

May 16, 2025
POPE LEO XIV INVITES PRESIDENT TINUBU TO HIS INAUGURATION ON SUNDAY

POPE LEO XIV INVITES PRESIDENT TINUBU TO HIS INAUGURATION ON SUNDAY

May 15, 2025
Wema Bank Training Institute, Purple Academy Shines At GlobalCCU Awards, Paris

Wema Bank Training Institute, Purple Academy Shines At GlobalCCU Awards, Paris

May 15, 2025
WE’RE BETTER OFF TOGETHER, PRESIDENT TINUBU TELLS MALIAN LEADER

WE’RE BETTER OFF TOGETHER, PRESIDENT TINUBU TELLS MALIAN LEADER

May 15, 2025
FIRSTBANK WINS BEST BANK IN NIGERIA AND BEST BANK IN DIGITAL TRANSFORMATION NIGERIA 2022

FIRSTBANK RETAINS RETAIL DOMINANCE BY BOOSTING BUSINESSES WITH ITS TEMPORARY OVERDRAFT (TOD) PRODUCT

May 15, 2025
  • Home
  • About Us
  • Advert Rates

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In