Court orders forfeiture of $2m, properties linked to Emefiele - Newstrends
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Court orders forfeiture of $2m, properties linked to Emefiele

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

Court orders forfeiture of $2m, properties linked to Emefiele

Justice Akintayo Aluko of a Lagos Federal High Court, has ordered interim forfeiture of cash sum of $2, 045, million USD, linked to the embattled former governor of the Central Bank of Nigeria, Mr. Godwin Ifeanyi Emefiele.

The judge also ordered interim forfeiture of the seven landed properties linked to the suspended CBN Governor.

The lands are listed as follows: “two fully detached duplex of identical structures, lying being and situate at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped/bare land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 LYING, being and situate at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow lying, being and situate at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos; four bedroom duplex lying, being and situate at 12a Probyn Road, Ikoyi; Industrial complex under construction on a 22-plot of land, lying, being and situate in Agbor, Delta State; 8 units of undetached apartment on a plot measuring 2457.60sqm OF lying, being and situate at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm lying, being and situate at 2a Bank Road, Ikoyi, Lagos.

Justice Aluko further ordered the interim forfeiture of 2 shares shares certificates of Queensdorf Global Fund Limited trust.

The judge made the interim forfeiture orders after taken application for the orders in a suit marked FHC/L/MISC/500/24, which was filed moved and moved by the Economic and Financial Crimes Commission (EFCC) lawyer, Mr. Rotimi Oyedepo (SAN), who led Chineye C. Okezie and Zeenat Atiku Bala.

The EFCC lawyer,  in urging the court, said the money and others items sought to be forfeited are reasonably suspected to be proceeds of unlawful activities.

Oyedepo also added that the orders sought for are pursuant to Section 17 of the advance fee fraud and Other Fraud Related Offences Act No. 14, 2006, Section 44 (2)(B) of the 1999 Constitution of the Federal Republic of Nigeria and the court’s inherent jurisdiction.

Oyedepo (SAN) also informed the court that the motion ex parte is supported with an affidavit deposed to by one Idi Musa, an Investigator attached to the Lagos office of the EFCC.

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Parts of the deponent’s averments in the affidavit reads: “that I am one of the operatives of the Economic and Financial Crimes Commission assigned to investigate the damning intelligence report received by the Economic And Financial Crimes Commission in respect of monumental fraudulent activities perpetrated by some senior officers of the Central Bank of Nigeria through which huge sums of money were fraudulently converted and transferred for personal use.

“That the Commission whilst investigating the alleged monumental fraud carried out by the immediate past Governor of the Central Bank of Nigeria (CBN) and his Cronies traced and discovered several properties reasonably suspected to have been acquired and or developed with proceeds of unlawful activities.

“That the said properties particularized in Schedules ‘A’ and ‘B’ herein, having been reasonably suspected to have been acquired/ developed with proceeds of unlawful activities are now sought to be forfeited to the federal Government of Nigeria in the interim.

“That in the cause of this investigation, it was revealed that the erstwhile CBN governor negotiates kickbacks in return for allocation of Foreign Exchange to some companies who were in desperate need of foreign exchange for their lawful and legitimate businesses.

“That most of the proceeds of Godwin Emefiele’s illegal activities were invested in the acquisition of various properties now sought to be forfeited to the Federal Government of Nigeria. And that the properties now sought to be forfeited were not acquired with proceeds of any legitimate earnings rather from funds reasonably suspected to have been derived from proceeds of unlawful activities.

“That from findings of our investigation, I also know as a fact and verily believe that the properties sought to be forfeited were acquired in the name of cooperate entities with a view to concealing the unlawful origin of the funds used for their acquisition. And that the title document in respect of the properties listed in schedule A herein were recovered by the team in the course of this investigation.

Justice Aluko after listening to Oyedepo submission, reading through all the processes filed and the plethora of legal authorities cited, granted the interim forfeiture of the money, the share certificates and the landed properties.

The judge also directed the EFCC to publish the interim forfeiture order in a national newspaper to enable any anyone who is interested in the properties to appear before the Court and show cause within 14 days, why the final order of forfeiture of the said properties should not be made in favour of the Federal Government of Nigeria.

Further hearing of the matter was adjourned to September 5.

Court orders forfeiture of $2m, properties linked to Emefiele

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Lagos Announces Partial Road Closures for Project Commissioning

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Iwo–Osogbo–Ibadan Road

Lagos Announces Partial Road Closures for Project Commissioning

The Lagos State Government has announced partial road closures across key parts of the state ahead of the commissioning of major infrastructure projects scheduled for Wednesday and Thursday.

In a statement issued on Tuesday, the Commissioner for Transportation, Oluwaseun Osiyemi, said the temporary closures were necessary to ensure safety and the smooth conduct of the events.

He advised motorists to plan their journeys in advance and avoid affected corridors during the specified periods to minimise traffic disruptions.

According to the statement, the Opebi-Mende Link Bridge will be commissioned on Wednesday, April 8, between 9:00 a.m. and 1:00 p.m., with traffic expected to be affected in the Opebi-Allen, Ikeja and Ojota areas.

“All motorists transiting this corridor during the specified hours should seek alternative routes to avoid congestion and ensure timely arrival at their destinations,” the statement read.

On Thursday, April 9, two separate commissioning events are scheduled between 9:00 a.m. and 1:00 p.m. The first is the commissioning of the Tolu Schools Complex, which will impact traffic in the Olodi Apapa and Ajegunle areas. Motorists operating within these locations have been urged to consider alternative routes and allow additional travel time.

Later in the day, from 4:00 p.m. to 7:00 p.m., another event will take place at Eko Hotel and within Victoria Island, with road users advised to avoid the corridor or expect delays.

The government added that officials of the Lagos State Traffic Management Authority (LASTMA) and other traffic enforcement agencies would be deployed to manage vehicular movement and assist commuters.

Meanwhile, President Bola Tinubu is expected to attend the events. Authorities have also deployed 500 additional LASTMA officers to ensure effective traffic control and public safety during the commissioning programmes.

 

Lagos Announces Partial Road Closures for Project Commissioning

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Missing worshippers still in captivity, Kaduna community disputes Army’s rescue claim

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Missing worshippers still in captivity, Kaduna community disputes Army’s rescue claim

Confusion and anger have trailed the Nigerian Army’s claim that it rescued some of the 31 abducted worshippers following a deadly Easter Sunday attack on a church in Kaduna State, as residents insist no such rescue took place.

The military had announced that troops repelled gunmen who stormed a church in Ariko during Easter celebrations, freeing dozens of captives in the process. It also put the death toll at five.

But on the ground, a different story is emerging.

Community leaders and residents say the abducted victims remain in the hands of their captors, casting doubt on the army’s version of events and deepening fears among families still awaiting news of their loved ones.

“As far as we are concerned, all the abducted victims are still with the bandits,” said Joseph Ariko, president of the Ariko community association, in an interview with the BBC.

He challenged the military to provide details of those allegedly rescued.

The army has yet to respond to the claims.
In its earlier statement, the military said soldiers engaged the attackers in a “fierce firefight,” forcing them to flee and abandon both hostages and the bodies of victims.

It also suggested the attackers suffered heavy casualties, citing blood trails along their escape routes.

However, residents told local media that the gunmen operated for an extended period without resistance—raising fresh questions about the speed and effectiveness of the military response.

Doubts over the rescue narrative were echoed by John Hayab of the Christian Association of Nigeria, who said he found no evidence of any freed captives after speaking with locals.
“Nobody has been rescued… If they are rescued, where did they take them to?” he asked.
Beyond the conflicting accounts, the tragedy has once again spotlighted the persistent insecurity across northern Nigeria, where attacks on communities, mass abductions, and ransom demands have become disturbingly routine.
While the army says troops have been deployed to track down the attackers and reinforce security, residents remain sceptical, urging authorities to prioritise transparency and accountability.
In a separate development, security forces reportedly killed 65 bandits during an offensive in Zamfara State, according to AFP, just days after another mass abduction in the region triggered a manhunt.
Nigeria’s security crisis has also drawn international attention.

Under Donald Trump, the United States previously raised concerns about violence affecting Christian communities, although the Nigerian government has consistently rejected claims of targeted religious persecution, maintaining that victims cut across faiths.

In February, US troops were deployed to Nigeria to support military training and intelligence sharing in the fight against insurgents and armed groups.

For residents of Ariko, however, the immediate concern is far more personal: the fate of those still missing—and the growing gap between official assurances and lived reality.

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Gunmen Kill 4 in Kebbi, Abduct 6 in Sokoto Attacks

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Kebbi State Commissioner of Police, Umar Mohammed‑Hadejia
Kebbi State Commissioner of Police, Umar Mohammed‑Hadejia

Gunmen Kill 4 in Kebbi, Abduct 6 in Sokoto Attacks

At least four people have been killed in Kebbi State while six residents were abducted in Sokoto State in separate attacks by armed gunmen, highlighting escalating insecurity in northwest Nigeria.

In Shanga Local Government Area of Kebbi State, a terrorist group known as Mamudawa carried out coordinated raids on several villages in the Gebbe District on Sunday and Monday. Residents said the attackers crossed from Wawa Forest in Niger State to strike communities including Kalkami, Tungar Bori, and Kawara. Eyewitnesses reported that homes and buildings were set ablaze, with Kawara village reportedly completely burnt down.

A local resident, Yisa Ahmed, said, “Some buildings were set on fire, and people fled to the forests or to Gungu Island for safety.” The Vice Chairman of Shanga LGA, Adamu Hamza Gebbe, confirmed the attacks, noting that Shanga has repeatedly faced assaults from bandits, kidnappers, and cattle rustlers. The District Head of Gebbe, Alhaji Haruna Usman, added that many residents remain displaced.

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The Kebbi State Police Command confirmed the attack, stating that the assailants took advantage of the wetland terrain to launch their operations, resulting in lives lost and widespread property destruction. SP Bashir Usman, spokesperson for the command, emphasized that security forces are investigating and working to prevent further attacks.

Meanwhile, in Gazau village, Isa Local Government Area of Sokoto State, bandits abducted six residents during an early-morning raid on Monday. The attackers initially seized 13 individuals—12 women and one man—but later released seven, taking six hostages to a hideout. The victims were identified as Asabe Zakariya, Inno Ibrahim, Inno Musa, Umma Yusuf, Safina Abdullahi, and Saminu Jijji.

A relative of the victims revealed that the bandits threatened to continue daily attacks unless residents sought amnesty from them. Efforts to reach local authorities and police spokesperson were unsuccessful at the time of reporting.

Security analysts warn that these incidents reflect a persistent security crisis in rural northwest Nigeria, where armed groups frequently target communities for ransom, extortion, and terror. Authorities have urged residents to remain vigilant and cooperate with security agencies to prevent further escalation.

Gunmen Kill 4 in Kebbi, Abduct 6 in Sokoto Attacks

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