The Supreme Court of Nigeria has ruled for the definitive forfeiture of properties owned by former Central Bank of Nigeria Governor, Godwin Emefiele.
This ruling overturned a previous decision by the Court of Appeal, which had called for a retrial of the case.
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A five-judge panel, headed by Justice Ibrahim Saulawa, unanimously upheld the appeal and nullified the Court of Appeal’s ruling that had canceled the forfeiture order issued by the Federal High Court in Lagos.
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As a result, the Supreme Court’s ruling reinstates the final forfeiture of the assets, concluding Emefiele’s legal battle against the Federal High Court’s order.
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The forfeited properties include two detached duplexes located at 17B Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped piece of land measuring 1,919.592 square meters on Oyinkan Abayomi Drive, Ikoyi; a bungalow at 65A Oyinkan Abayomi Drive, Ikoyi; a four-bedroom duplex at 12A Probyn Road, Ikoyi.
Also, an industrial complex under construction on 22 plots of land in Agbor, Delta State; eight apartment units on Adekunle Lawal Road, Ikoyi; and a duplex situated on a 2,217.87 square meter plot at 2A Bank Road, Ikoyi.
