Metro

Court Orders Final Forfeiture Of Over N12.18bn Properties Linked To Emefiele

Published

1 year ago

June 22, 2024

The Federal High Court sitting in Lagos on Friday ordered the final forfeiture to the Federal Government properties valued at over N11.14bn and another N1.04 billion linked to the former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

Justice Chukwujekwu Aneke made the order of permanent forfeiture after hearing an application filed and argued by the Economic and Financial Crimes Commission (EFCC), through its counsel Chineye Okezie.

On June 5, 2024, The judge had upheld the anti-graft agency’s motion filed and argued by its counsel, Senior Advocate of Nigeria, Mr. Rotimi Oyedepo for a temporary forfeiture of the properties.

Oyedepo informed the court that Emefiele was suspected of having bought the choice properties by proxy, with the proceeds of fraud.

The EFCC named two current and one former CBN staff as Emefiele’s accomplices in the alleged fraud.

The trio, according to the affidavit filed in support of the application, are Obayemi Oluwaseun Teben and Akomolafe Adebayo working with Olubunmi Makinde a former CBN staff and others.

The properties are mostly located in highbrow parts of the Federal Capital Territory (FCT), Abuja.

Justice Aneke ordered the EFCC to publish the order for interim forfeiture in a national newspaper for any interested party to show cause why the final order of forfeiture should not be made.

The judge then adjourned for a hearing of the application for final forfeiture.

Upon resumption on June 21, no party appeared in court to contest the judge’s interim order and Chineye Okezie moved her application for the permanent forfeiture.

After reading a 41-paragraph affidavit deposed to by an EFCC Investigating Officer, Michael John Idoko, the 19 Exhibits attached, a Written Address signed by Okezie, and after hearing Okezie’s motion, Justice Aneke granted the application.

The properties were listed by the EFCC in two schedules, A and B.

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

They include shops and apartments at Cadastral Zone Maitama and Wuse.

For Schedule B, Justice Aneke added: “That a final forfeiture order of this Honourable Court is hereby made forfeiting to the Federal Government of Nigeria, properties contained in Schedule B herein which properties were traced to have been acquired with proceeds of unlawful activities.”

The properties include lands and apartments which were paid for on behalf of Oluwaseun at a total value of N1.04 billion.

According to the affidavit, Obayemi Oluwaseun Teben and Akomolafe Adebayo working with Olubunmi Makinde “used their positions and Influence as CBN staff to secure retail and Special allocation of Foreign Exchange to different companies in exchange for kickbacks.

“That Olubunmi Makinde is the link between Obayemi Oluwaseun Teben and Akomolafe Adebayo and the various companies applying for the purchase of foreign exchange.

“That Obayemi Oluwaseun Teben and Akomolafe Adebayo as staffs of the Central Bank of Nigeria has access to the bidding processes and bidding Data of companies who has applied for the approval of form Ms to the CBN through their various commercial banks.”

Related Topics:Court Emefiele Godwin Emefiele

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Metro

Sowore Arraigned Over Alleged Cybercrime

Published

17 hours ago

December 3, 2025

Editor

The Department of State Services (DSS) on Tuesday arraigned politician and online publisher Omoyele Sowore before the Federal High Court in Abuja over alleged cybercrime offences.

Sowore, a former presidential candidate, faced a five-count charge accusing him of defaming President Bola Tinubu by calling him a criminal in posts on X and Facebook. The DSS claims that his actions violate the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024, as well as the Criminal Code Act.

At the hearing, Justice Mohammed Umar granted Sowore bail on self-recognition. However, the court imposed strict conditions, barring him from making any statements capable of inciting the public or undermining national security. The judge warned that any violation of these conditions would lead to immediate revocation of his bail.

Justice Umar noted that Sowore, who previously contested for the presidency, was already under bail conditions with his international passport held by the court. He said these factors justified granting him bail without a monetary surety.

The arraignment on Tuesday came after two earlier attempts were unsuccessful. DSS counsel, Akinolu Kehinde (SAN), attributed the delays to legal obstacles introduced by Sowore’s defence team.

Sowore pleaded not guilty to all charges. His lawyer, Marshall Abubakar, also filed a fresh bail application during the proceedings, which the court considered before ruling.

Two other defendants — X Inc. (formerly Twitter) and Meta (Facebook) Inc. — are listed in the charge marked FHC/ABJ/CR/484/2025. The DSS claims that these companies aided Sowore in publishing the posts allegedly containing defamatory statements against the president.

The case is the latest in a series of legal battles involving Sowore, who has in the past faced arrests and charges over his activism and online publications.

The Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024, under which Sowore was charged, criminalises the online publication of false statements that can harm individuals or public institutions. The law also empowers the government to hold social media companies accountable if they facilitate the spread of such content.

Sowore’s arraignment has drawn reactions on social media, with supporters describing the charges as politically motivated, while others argue that public figures must exercise caution in their statements online.

Metro

Alleged Cybercrime: Court Grants Sowore Bail

Published

17 hours ago

December 3, 2025

Editor

Justice Mohammed Umar of the Abuja Federal High Court, on Tuesday, granted former presidential candidate and publisher, Omoyele Sowore, bail on self-recognition, cautioning him to refrain from making any utterances that could incite the public against President Bola Ahmed Tinubu.

Sowore’s bail followed his arraignment by the Department of State Services (DSS) before the court on a five-count charge bordering on alleged cybercrime.

In the five-count charge, Sowore is accused of allegedly making derogatory remarks about President Tinubu on his social media handles.

Sowore, who is the convener of the #RevolutionNow movement, pleaded not guilty to the charges after they were read to him.

Earlier in the proceedings, his counsel, Marshall Abubakar, had raised a motion challenging the competence of the suit, arguing that the court lacked jurisdiction.

The prosecution objected, stating they had only just been served with the processes and needed time to respond.

In a short ruling, Justice Umar held that the objection on jurisdiction was not ready for hearing because the prosecution was served that morning, adding that the defendant needed to give them adequate time to file a counter-affidavit.

He then directed that the charges be read to the defendant.

When the charge was read, Sowore pleaded not guilty; his counsel applied for bail on self-recognition. The prosecution, however, opposed the application, arguing that Sowore posed a flight risk.

Justice Umar, in ruling on the bail request, granted Sowore bail on self-recognition and adjourned the matter to January 19, 2026, for trial.

Sowore, the presidential candidate of the African Action Congress (AAC) in 2019, was accused of contravening the provisions of the Cybercrimes (Prohibition, Prevention, etc) Amendment Act, 2024, and the Criminal Code Act by calling President Bola Tinubu a criminal

The two other defendants listed in the charge, marked: FHC/ABJ/CR/484/2025, are X Incorp (formerly Twitter) and Meta (Facebook) Incorp.

Metro

Delta: Suspected Kidnapper Killed In Gun Battle With Police

Published

23 hours ago

December 2, 2025

Editor

A suspected kidnapper has been killed during a gun battle with operatives of the Delta State Police Command in collaboration with Community Volunteers in Obiaruku Forest.

Delta State Police Public Relations Officer,SP Bright Edafe, confirmed the incident in a statement on Tuesday.

“Operatives of the Command State Anti-Cult Unit (SACU), in collaboration with community volunteers, were on intensive patrol when they received credible intelligence that suspected kidnappers were mobilising within the Obiaruku forest to carry out an attack.

“Acting swiftly on the information, the operatives advanced towards the location to forestall the planned criminal activity,” the statement said.

According to Edafe, on approaching the area, the suspects opened fire from multiple directions in a bid to repel the team.

“The operatives responded with superior firepower, leading to the death of one suspect, while others escaped into the forest with various degrees of injuries.

“One AK-47 rifle with forty-two rounds of live ammunition, nine mobile phones, and charms were recovered,” the statement added.