The Economic and Financial Crimes Commission (EFCC) has successfully secured the final forfeiture of a warehouse previously owned by Godwin Emefiele, the suspended Governor of Nigeria’s Central Bank (CBN).
Justice Deinde Dipeolu of the Federal High Court in Lagos issued the order on Thursday, December 19, 2024, effectively transferring ownership of the property to the Federal Government of Nigeria.
The warehouse, located at Km 8 along the Lagos-Ibadan Expressway in Magboro, spans 1.925 hectares and contained 54 steel containers filled with various types of sewing machines.
Earlier, on November 28, the court had ordered an interim forfeiture of the warehouse after the EFCC filed an application for its seizure.
The court had also directed the EFCC to publish the order in two national newspapers, allowing any interested parties to contest the forfeiture.
After receiving no objections, the EFCC approached the court for the final forfeiture, which was granted on Thursday.
EFCC Counsel, Rotimi Oyedepo, SAN, informed the court that the Commission had complied with the publication requirement, and requested the final forfeiture under the provisions of the Nigerian Constitution and the Advance Fee Fraud and Other Fraud Related Offences Act of 2006.
