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Court orders forfeiture of $4.7M, ₦830M, properties linked to ex-CBN Gov

A Federal High Court in Lagos has issued a final forfeiture order on funds and properties associated with former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

Justice Yellim Bogoro granted the order on Friday following an application by the Economic and Financial Crimes Commission (EFCC). The court ruled that the assets, totaling $4.7 million and ₦830 million, were proceeds of unlawful activities and should be handed over to the Nigerian government.

According to court filings, part of the forfeited assets includes a $900,000 investment traced to Anita Joy Omoile, identified as a close associate of Emefiele. The EFCC linked her to several financial transactions under investigation.

Additionally, the court approved the forfeiture of $4.4 million in investments linked to Deep Blue Energy Services Ltd, a company under scrutiny. Another ₦283 million held in a Zenith Bank account under the name of Liman Investment Ltd was also seized.

Other funds affected by the ruling include €20,000 and £1,999.50, traced to Exactquote Bureau De Change, a financial entity connected to Omoile.

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