The Supreme Court of Nigeria has ordered the final forfeiture of properties belonging to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.
The apex court overturned an earlier judgment of the Court of Appeal, which had ordered a retrial of the case.
In a unanimous decision, a five-member panel led by Justice Ibrahim Saulawa allowed the appeal and set aside the judgment of the Court of Appeal, Lagos Division, which had nullified the forfeiture order earlier granted by the Federal High Court in Lagos.
The ruling effectively restores the final forfeiture of the assets, bringing Emefiele’s legal challenge against the Federal High Court’s order to an end.
The forfeited properties include two fully detached duplexes at 17B Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped parcel of land measuring 1,919.592 square metres on Oyinkan Abayomi Drive, Ikoyi; a bungalow at 65A Oyinkan Abayomi Drive, Ikoyi; a four-bedroom duplex at 12A Probyn Road, Ikoyi; an industrial complex under construction on 22 plots of land in Agbor, Delta State; eight units of apartments on Adekunle Lawal Road, Ikoyi; and a duplex on a 2,217.87 square metre plot at 2A Bank Road, Ikoyi.

