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Court orders final forfeiture of N12.18 billion property linked Emefiele

A court has ordered the permanent forfeiture of property valued at N12.18 billion linked to Godwin Emefiele.

Justice Chukwujekwu Aneke issued the final forfeiture order after a session where the Economic and Financial Crimes Commission (EFCC), represented by lawyer Chineye Okezie, presented a motion.

The properties, located in prime areas of the Federal Capital Territory (FCT) in Abuja, were listed in two separate filings.

Justice Aneke instructed the EFCC to publish the interim forfeiture order in a national newspaper, allowing any interested parties the opportunity to contest the final order.

When the court reconvened on June 21, no parties appeared to challenge the temporary order.

After reviewing a detailed 41-paragraph affidavit from EFCC Investigating Officer Michael John Idoko, along with 19 exhibits and a written address by Okezie, Justice Aneke approved the application.

The judge stated, “Having carefully considered the application and submission of counsel, it is hereby ordered as follows: a final forfeiture order is made, forfeiting to the Federal Government of Nigeria the properties listed in Schedule A, which were traced and reasonably suspected to have been acquired with proceeds of unlawful activities.”

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