Appeal court overturns forfeiture of Emefiele’s properties - Newstrends
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Appeal court overturns forfeiture of Emefiele’s properties

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Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele
Godwin Emefiele

Appeal court overturns forfeiture of Emefiele’s properties

In a significant legal development, the Court of Appeal in Lagos has overturned the final forfeiture order placed on properties linked to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN).

The decision comes several months after a Federal High Court had ruled that the said assets be permanently forfeited to the federal government. That initial order was part of a wider investigation into alleged financial misconduct during Emefiele’s tenure at the apex bank.

On November 1, 2024, Justice Deinde Dipeolu of the Federal High Court in Lagos had ordered the final forfeiture of several properties, including $2.045 million, seven prime properties in Lagos and Delta states, and two share certificates of Queensdorf Global Fund Limited Trust, alleging they were acquired through proceeds of unlawful activities.

Among the forfeited assets were two duplexes in Lekki Phase 1, multiple properties in Ikoyi, a large industrial complex in Delta State, and luxury apartments in Lagos.

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Dissatisfied with the judgment, Emefiele approached the appellate court, challenging the decision. His legal counsel, Olalekan Ojo, argued that the trial judge failed to properly evaluate the evidence before granting the EFCC’s request for forfeiture.

EFCC counsel, Rotimi Oyedepo, maintained that Emefiele failed to show how he legitimately acquired the properties and did not provide evidence of financial transactions linking him directly to the properties, most of which were acquired in the names of various companies.

Delivering judgment on April 9, 2025, a two-to-one majority decision of the appellate court, led by Justice Abdulazeez Anka, ruled that Emefiele’s legitimate earnings, including his income from Zenith Bank and 10 years as CBN governor, were sufficient to acquire the properties.

The court therefore set aside the final forfeiture order, except for the $2,045,000, which Emefiele did not contest. That sum remains forfeited to the federal government.

The appeal court further ordered a retrial at the lower court, directing both parties to present oral evidence for a fresh hearing.

Appeal court overturns forfeiture of Emefiele’s properties

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UCH CMD: After Decades Without Muslim, Agunbiade Demands Fair Chance

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Mallam Ibrahim Agunbiade

UCH CMD: After Decades Without Muslim, Agunbiade Demands Fair Chance

‘Let Merit, Not Religion, Decide Next Appointment’

IBADAN — A Muslim stakeholder, Mallam Ibrahim Agunbiade, has called for a transparent and merit-driven process in the appointment of the next Chief Medical Director (CMD) of the University College Hospital (UCH), Ibadan, saying a qualified Muslim candidate should be given a fair chance to lead the institution.

Agunbiade, in a statement on Monday, argued that the leadership history of the premier teaching hospital showed that Muslims had not occupied the position of Chief Medical Director for decades.

He said the situation deserved serious consideration as the process for selecting a successor to the incumbent CMD, Prof. Jesse Abiodun Otegbayo, gets underway.

According to him, Otegbayo, who became CMD in 2019, was reappointed for a second term in 2023.

Agunbiade said the succession of UCH chief executives had included Prof. E. O. Akande (1978–1984), Prof. A. O. K. Johnson (1984–1985), Prof. B. O. Osuntokun (1986–1990), Prof. O. O. Ajayi (1990–1998), Prof. M. O. Olatawura (1998–2003), Prof. A. O. Ilesanmi (2003–2011), Prof. T. O. Alonge (2011–2019) and Otegbayo.

He stressed that his intervention was not intended to question the professional records or achievements of the past CMDs.

Rather, he said, the issue was whether a qualified Muslim professional should continue to be excluded from the highest executive position at the institution.

“How long should a qualified section of the institution’s community wait before it sees one of its own given a genuine opportunity to lead?”

Agunbiade said the question was particularly important because UCH was a federal teaching hospital with a national mandate, serving Nigerians irrespective of religion, ethnicity or background.

‘Not Asking For Religious Favour’

The stakeholder rejected the suggestion that his position amounted to a demand for religious preference.

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He said his argument was that merit and representation should work together, rather than treating them as opposing principles.

“The demand, therefore, is not that UCH should appoint a Muslim because he is Muslim,” he said.

“The demand is that if a Muslim candidate is professionally qualified, experienced, competent and suitable, his religion must not become an invisible barrier to his appointment.”

He noted that the advertised position carried stringent requirements, including medical registration, post-qualification experience, specialist fellowship, consultancy experience, integrity and administrative competence.

According to him, once a candidate meets the professional requirements and emerges as the best person through a credible selection process, religion should not disqualify the candidate.

‘Muslim CMD Will Serve All Nigerians’

Agunbiade also dismissed the notion that appointing a Muslim as CMD would change the character of UCH.

He said the successful candidate would remain the head of a federal institution responsible for providing healthcare to Nigerians of all faiths.

“A Muslim CMD will not turn UCH into a Muslim hospital. He will remain the Chief Medical Director of a federal institution serving every Nigerian who walks through its doors,” he said.

He argued that religious identity should not be an obstacle to professional service.

“Just as a Christian CMD can serve Muslim patients without difficulty, a Muslim CMD can serve Christian patients with the same professionalism,” he added.

‘Let Credentials Decide’

Agunbiade urged the authorities to ensure that all qualified candidates are subjected to the same standards during the selection process.

He called for candidates’ academic and professional credentials, experience, integrity, administrative competence and vision to be carefully assessed.

“Let every qualified candidate compete. Let credentials be examined. Let professional experience be assessed. Let integrity and vision determine the outcome,” he said.

He also referred to wider concerns about religious representation in the leadership of institutions linked to UCH and the University of Ibadan, saying the issue had generated concerns among Muslim stakeholders.

He, however, warned against turning the matter into a religious confrontation.

“This is not a call for religious confrontation. It is not an attack on Christians. It is not a rejection of merit. It is a call for inclusion within merit,” he said.

Agunbiade maintained that if a Muslim candidate emerged as the strongest candidate through a transparent and credible process, his faith should not count against him.

He said giving a qualified Muslim a genuine opportunity after decades without a Muslim CMD would send a powerful message about inclusion and equal opportunity in Nigeria’s public institutions.

According to him, UCH belongs to all Nigerians, and its leadership selection should reflect that principle.

UCH CMD: After Decades Without Muslim, Agunbiade Demands Fair Chance

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Troops Take Down Zamfara Bandit Kingpins Baban Love, Mai Zamani, Three Others

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Troops Take Down Zamfara Bandit Kingpins Baban Love, Mai Zamani, Three Others

Troops Take Down Zamfara Bandit Kingpins Baban Love, Mai Zamani, Three Others

Troops of Operation FANSAN YANMA have killed at least five suspected bandits, including two notorious figures identified as Baban Love and Mai Zamani, during a gun battle in Tsafe Local Government Area of Zamfara State.

The operation reportedly took place in the western axis of Tsafe LGA, where armed groups have maintained a presence and carried out attacks on communities and travellers.

Security sources said Baban Love, who was reportedly operating around Gunja, mobilised members of his gang before they encountered the troops, leading to a fierce exchange of gunfire.

The troops eventually overpowered the armed group, killing at least five suspected bandits, according to reports on the operation.

Mai Zamani was also identified among those killed. He was reportedly the younger brother of Idi Mai Randa, another suspected bandit kingpin who was killed about five months ago.

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Residents of Kwarin Ganuwa were said to have celebrated the reported deaths of the two bandit leaders, while vehicles belonging to the group were reportedly recovered after the encounter.

Security sources said efforts were ongoing to identify the other suspected bandits killed during the operation and assess the weapons and other items recovered from the scene.

The latest operation is part of intensified military operations in Zamfara State aimed at disrupting the activities of armed groups and restricting their movement across the state’s forests and communities.

Zamfara has continued to experience attacks and abductions despite sustained military operations. Governor Dauda Lawal said on Monday that the state government was working to improve security response time, particularly in areas such as Tsafe, where notorious bandit leader Ado Alero and his gang have been active.

The governor said poor road access in some areas had affected the ability of security personnel to respond quickly to attacks, while the government was also deploying technology, including drones, to improve surveillance.

The military has yet to publicly release a detailed official statement on the reported killing of Baban Love, Mai Zamani and the other suspected bandits.

Troops Take Down Zamfara Bandit Kingpins Baban Love, Mai Zamani, Three Others

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FG Gives N250m To Families Of 37 Miners Who Died In NSCDC Custody

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FG Donates N250m To Families Of 37 Miners Who Died In NSCDC Custody
Vice President Kashim Shettima, Niger State Governor Umaru Bago and Families Of Dead 37 Miners

FG Donates N250m To Families Of 37 Miners Who Died In NSCDC Custody

The Federal Government has donated N250 million to the families of 37 suspected illegal miners who died while in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State.

Vice President Kashim Shettima announced the financial support on Monday during a condolence visit to Minna, where he conveyed President Bola Ahmed Tinubu’s sympathies to the bereaved families, the Niger State Government and the people of the state.

The 37 men died after they were arrested during an NSCDC operation against suspected illegal mining in Minna earlier in September. The circumstances surrounding their deaths remain under investigation.

Shettima said the Federal Government was determined to establish what happened and ensure that anyone found culpable was held accountable in accordance with the law.

He said the deaths of citizens while in government custody raised serious questions that could not be ignored, stressing that every person deprived of liberty remained entitled to the protection of the state.

“The death of 37 young men in the custody of the Nigeria Security and Civil Defence Corps calls for initial questions,” Shettima said, adding that grief alone could not answer the questions being asked by the victims’ families.

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The Vice President assured the families that the Federal Government would get to the root of the tragedy and provide answers on the circumstances that led to the deaths.

He also urged Nigerians not to politicise the incident or use it to demonise Niger State Governor Umaru Bago, noting that the NSCDC is a Federal Government agency.

The Federal Government had earlier constituted a 10-member independent investigative committee to establish the identities of the deceased, investigate their arrest and detention, determine the cause and manner of death through medical and forensic examinations, and establish whether negligence, misconduct or other breaches of duty occurred.

Several NSCDC officers, including the Niger State Commandant, were also suspended pending the outcome of the investigation.

The committee, inaugurated by the Minister of Interior, Olubunmi Tunji-Ojo, was given two weeks to complete its assignment and recommend appropriate action, including compensation where applicable.

Meanwhile, the Niger State Government has reportedly put the overall death toll connected to the incident at 38, with one additional person said to have been killed by gunfire during the unrest that followed the deaths. The 37 victims covered by the Federal Government’s N250 million support were those who died in NSCDC custody.

Governor Bago thanked the Federal Government for the intervention and said the state government would continue to cooperate with the investigative committee.

He also announced additional financial support for the affected families, while calling for stronger regulation of the mining sector and the creation of safer and lawful economic opportunities for young people.

The cause of the 37 miners’ deaths has not been conclusively established. The ongoing investigation is expected to determine what happened to the detainees and whether any individuals or institutions should be held responsible.

The Federal Government said the families deserve both justice and answers over the deaths.

FG Gives N250m To Families Of 37 Miners Who Died In NSCDC Custody

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