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FG to Sell 753 Housing Units Recovered from Emefiele

The Federal Government has taken possession of a 753-unit housing estate formerly owned by embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and plans to sell the property to members of the public. In a statement issued on Tuesday, the Ministry of Housing and Urban Development confirmed that the estate was handed over […]

Lost and Forfeited: Why Emefiele’s Claim to 753 Abuja Properties Failed

The Federal Capital Territory (FCT) High Court, sitting in Apo, Abuja, on Monday dismissed an application filed by former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, seeking to reclaim a vast estate comprising 753 duplexes and apartments that had already been forfeited to the Federal Government. Justice Jude Onwuegbuzie ordered the final […]

Court Dismisses Emefiele’s Recusal Request, Case Proceeds

The Special Offences Court in Lagos has refused to halt proceedings in the corruption trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. In a ruling delivered on Wednesday, Justice Rahman Oshodi dismissed Emefiele’s request for him to recuse himself from the trial, stating that the allegations of bias were unsubstantiated. Citing various […]

Judge to Rule on Emefiele’s Recusal Request Amid Bias Allegation

A Special Offences Court sitting in Ikeja, Lagos, has adjourned proceedings until Wednesday, 26 February, to rule on whether the trial of former Central Bank Governor, Godwin Emefiele, will proceed under the current judge. Justice Rahman Oshodi deferred his ruling after Emefiele’s counsel, Senior Advocate of Nigeria (SAN) Olalekan Ojo, requested that the judge recuse […]

Emefiele to Face Trial as Lagos Court Rules on Jurisdiction

The Lagos State Special Offences Court in Ikeja has assumed jurisdiction to hear charges of gratification, corrupt demands, and fraudulent receipt of property levelled against the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. In his ruling on Wednesday, Justice Rahman Oshodi stated that the prosecution, the Economic and Financial Crimes Commission […]

EFCC Secures Final Forfeiture of Magboro Warehouse and 54 Containers Linked to Emefiele

The Federal High Court in Lagos has ordered the final forfeiture of a warehouse and 54 steel containers, allegedly linked to the former Governor of the Central Bank of Nigeria, Godwin Emefiele, to the Federal Government. The warehouse, built on a 1.925-hectare property along the Lagos-Ibadan Expressway in Magboro, Ogun State, and the containers were […]

Court Confirms Permanent Forfeiture of $2.04m and Properties Tied to Emefiele

The Federal High Court in Lagos has ordered the final forfeiture of $2.045 million, alongside seven prime properties and share certificates associated with Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). Justice Deinde Dipeolu ruled for the permanent forfeiture of the funds and two share certificates from Queensdorf Global Fund Limited […]

EFCC Detains Emefiele After DSS Release

The Economic and Financial Crimes Commission (EFCC) has initiated a comprehensive investigation into the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. This investigation revolves around alleged foreign debts of $15 billion and the utilization of N74.84 billion for the production and circulation of new naira notes. These allegations complement the existing […]

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