Nigeria: EFCC Asks Court to Dismiss Emefiele's Move to Stop Seizure of $2.04m, Others

6 October 2024
Leadership (Abuja)
By Leadership News

Economic and Financial Crimes Commission (EFCC) has asked the Federal High Court sitting in Lagos to dismiss an application filed by the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, seeking to stop the forfeiture of some properties and monies linked to him.

On August 25, 2024, the court authorised the EFCC to temporarily take custody of the cash sum of $2.045 million, seven choice landed properties, and shares linked to Emefiele.

At the resumption of proceedings on Friday, Emefiele's counsel, Senior Advocate of Nigeria, Olalekan Ojo, asked Justice Deinde Dipeolu to stay further proceedings in the case pending the determination of the former CBN governor's appeal.

Ojo said, "We are urging your lordship to stay proceedings pending the hearing and determination of the appeal court in order to avoid judicial rascality".

But EFCC's counsel, Senior Advocate of Nigeria, Rotimi Oyedepo, opposed the application. He submitted that the former CBN governor had not filed any appeal.

According to him, no motion from Emefiele was taken and ruled on that crystallised in an appeal.

Justice Dipeolu has adjourned till Oct. 11th for his ruling on the application. CHANNELS

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