Metro

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

Published

1 year ago

June 22, 2024

Editor

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

Abuja Court Jails Ex-legislative Aide For N120m Fraud

Published

11 hours ago

September 23, 2025

Editor

A Federal Capital Territory High Court in Jabi on Monday sentenced a former legislative aide and banker, Mr Goni Yilkan, to eight years in prison for obtaining N120.58 million by false pretence.

Justice F. E. Messiri found Yilkan guilty of a two-count employment scam charge, the Economic and Financial Crimes Commission revealed in a statement issued via its X handle on Tuesday.

“Yilkan, who hails from Nguru, Yobe State, was found guilty on a two-count charge of obtaining money by false pretence, contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Related Offences Act, 2006, and punishable under Section 1(3) of the same Act, and consequently sentenced to eight years imprisonment without option of fine,” the statement read.

According to EFCC, the convict was arraigned alongside one Mohammed Adamu in October 2023, following investigations into a petitioner’s claims of being defrauded by the convict.

One of the charges read: “That you, Mohammed Goni Yilkan, Mohammed Adamu and others at large between 3rd January 2020 and December 2021 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory with intent to defraud obtained the sum of N120, 580, 550 (One Hundred and Twenty Million, Five Hundred and Eighty Thousand, Five Hundred and Fifty Naira) from Mrs. Hindatu Bello under the false pretence that you had the capacity to secure jobs for her candidates in various Ministries, Departments and Agencies of the Federal Government of Nigeria which pretence you knew to be false and thereby committed an offence contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Related Offences Act, 2006 and punishable under Section 1(3) of the same Act.”

In the course of the trial, EFCC said the petitioner explained that “Yilkan deceived her between 2020 and 2021 into believing that he had the capacity to secure employment slots in government agencies such as the Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN), and Niger Delta Development Commission (NDDC).

“On this strength, the petitioner collected varying sums of money from over 60 jobseekers, amounting to N120,580,550.00 (One Hundred and Twenty Million, Five Hundred and Eighty Thousand, Five Hundred and Fifty Naira), which she allegedly remitted to the convict.”

However, the purported employment offers never materialised, prompting Bello to petition the EFCC.

The prosecution, led by Cosmas Ugwu, called six witnesses and tendered documentary evidence, while the defence, led by J.A. Oguche, presented two witnesses, including Yilkan himself.

In his judgment, Justice Messiri held that the prosecution had proved its case beyond reasonable doubt, convicted Yilkan, but discharged and acquitted his co-defendant, Adamu.

The judge further sentenced Yilkan to eight years’ imprisonment without an option of fine.

Earlier, The PUNCH reported that the EFCC Ilorin Zonal Directorate arrested 28 suspected internet fraudsters in Kwara State.

The suspects, according to a statement on Monday, “were picked up in the early hours of Tuesday during sting operations carried out in Tanke, University Road, Oshin, and Agbabiaka areas of the state capital.”

Metro

Soldiers Who Sold Arms To Terrorists Sentenced To Death

Published

11 hours ago

September 23, 2025

Editor

A special court-martial of the Nigerian Army in Maiduguri, Borno State, has sentenced three soldiers to life imprisonment and another to 15 years for illegal arms deals carried out in connivance with police officers and terrorists.

The trial, presided over by Brigadier General Ugochukwu Unachukwu, acting General Officer Commanding 7 Division and Commander of Sector 1, Operation Hadin Kai (OPHK), took place at the Officers’ Mess of the Theatre Command Headquarters in Maiduguri.

Delivering judgment, Brigadier General Mohammed Abdullahi, president of the court-martial, pronounced Raphael Ameh, a sergeant; Ejiga Musa, a sergeant; and Patrick Ocheje, a lance corporal, guilty and sentenced them to life imprisonment.

Omitoye Rufus, a corporal, was however handed a 15-year jail term.

The soldiers were convicted of offences ranging from theft and unlawful dealing in ammunition to aiding the enemy, all punishable under the Armed Forces Act.

Ameh, who served as an armourer at the 7 Division Garrison, was found to have conspired with a deceased colleague to steal ammunition from the division’s armoury.

He worked with police officers to conceal weapons in bags of beans and smuggle them to Enugu and Ebonyi for criminals.

Abdullahi revealed that bank records linked Ameh to over 100 suspicious transactions between July 2022 and June 2024.

Musa, while serving as armourer of 195 Battalion, was discovered to have collaborated with Ocheje and police officers in selling an AK-47 rifle and large quantities of ammunition.

Records showed he collected more than ₦500,000 from the transactions before he was arrested while attempting to sell more ammunition.

Rufus was convicted for selling 40 rounds of 7.62mm special ammunition to a police officer, while Ocheje, who was deployed at the forward operating base in Molai, was found guilty of diverting ammunition during communal clashes at the instigation of a police officer.

He also stole an AK-47 rifle belonging to a colleague.

The court held that their actions directly endangered military operations and national security, amounting to aiding the enemy.

Condemning the convicts, Abdullahi described them as “bad eggs” who betrayed the trust, discipline, and honour expected of soldiers in the fight against insurgency.

He restated the army’s zero-tolerance stance on the sale of arms or ammunition to adversaries “in whatever form or guise.”

Metro

BREAKING: Bodies Of 8 Missing Policemen Recovered In Benue

Published

2 days ago

September 22, 2025

Editor

Lifeless bodies of the eight policemen who were declared missing after a deadly attack on security operatives at Agu Centre, on the border of Katsina-Ala and Ukum LGAs of Benue State, have been recovered.

Dr Justin Shaku, Chairman of Katsina-Ala LGA disclosed this to reporters in Makurdi on Monday.

According to him, “this brings the number of officers killed to 11 (10 policemen and one BSCPG)”.

The unfortunate incident occurred on Friday, when a team of security operatives came under the attack of armed invaders.

Three personnel were immediately confirmed dead while eight others were declared missing.