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Court Orders Final Forfeiture of $2m, Seven Properties Linked to Emefiele

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Court Orders Final Forfeiture of $2m, Seven Properties Linked to Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust linked to a former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele.

Justice Dipeolu gave the order, following a motion on notice filed and argued by a team of lawyers led by Rotimi Oyedepo, SAN for the Economic and Financial Crimes Commission, EFCC.

The properties are: two fully detached duplexes of identical structures at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65A, Oyinkan Abayomi Drive, (formerly Queens Drive), Ikoyi, Lagos and a four-bedroom duplex at 12 A, Probyn Road, Ikoyi, Lagos.

Others are: an industrial complex under construction on 22 plots of land in Agbor, Delta State; 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8A, Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

Justice Akintayo Aluko, a vacation Judge, had, on August 15, 2024, ordered the interim forfeiture of the properties, following an ex parte application filed by the EFCC through its lawyer, C.C. Okezie.

Moving the application dated August 13, 2024 and filed August 14, 2024, Okezie had told the court that the properties, cash and shares were reasonably suspected to have been acquired with proceeds of unlawful activities by Emefiele.

In his ruling, Justice Aluko had granted the application as prayed and also ordered the Commission to publish the interim order in any of these newspapers-The Punch, The Nation or The Guardian- and the EFCC website within 14days for any interested party to show cause why the final order of forfeiture should not be made in favour of the Federal Government of Nigeria.

However, Emefiele failed to contest the forfeiture within the court’s stipulated time frame.

During the sitting on October 11, 2024 ,the EFCC counsel had applied for the final forfeiture of the properties.

Moving the application for the final forfeiture of the properties on Friday, Oyedepo told the court that the Commission had complied with the order of the court regarding the publication.

The Judge, after listening to the submissions of the EFCC’ s counsel, ordered the final forfeiture of the properties.

According to the Judge, Emefiele was not able to connect his lawful earnings from both Zenith Bank and the Central Bank of Nigeria (CBN) to the acquisition of the properties.

The court also held that the former CBN Governor failed to provide documents or links to show that he owned the properties.

Justice Dipeolu held that “ the conclusion that can be deduced is that there must be something dark about the acquisition of the properties which Emefiele and the companies do not want to come to light”.

The judge further held “that the interested party has failed to demonstrate any lawful interest in the properties and that they were acquired from his legitimate earnings. I, therefore, order the final forfeiture to the Federal Government of Nigeria of all those properties…which are reasonably suspected to have been acquired with proceeds of unlawful activities”.

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Just in: Worshipers trapped as fire guts church in Ibadan

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A devastating fire engulfed a parish of the Christ Apostolic Church in Ibadan, Oyo State, on Friday night, reportedly trapping several worshippers inside.

The incident occurred at about 9:30 pm at Wisdom Estate, Road 1G, Olohunda Road, in the Lagelu Local Government Area, sources confirmed to PUNCH Online on Saturday morning.

Eyewitness accounts revealed that the church was hosting a Friday vigil when the fire broke out.

One source recounted, “The incident happened in the night around 9:30pm. I think they were having Friday vigil. Some worshippers had already slept off, to have some rest before they start vigil when the incident happened.”

Another source described the harrowing scene, saying “There was an aged woman, very old to the extent that she could not work properly. She was still inside the church when the fire was raging seriously.”

A church member, who requested anonymity, said, “People were still inside the church during the fire . I will get back to you later, please.”

As of the time of reporting, the exact cause of the fire remains unclear.

Confirming the incident, the General Manager of Oyo State Fire Services, Akinyemi Akinyinka, said, “Our men were there based on information from one Kunle Junaid.”

He promised to provide further updates.

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Police in Benue State have arrested a lecturer at the Joseph Sarwuan Tarka University of Agriculture, Makurdi, Dr Ichor Tersagh, for allegedly masterminding the abduction of the wife of his colleague, Mrs Susan Anyagh.

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Police in Benue State have arrested a lecturer at the Joseph Sarwuan Tarka University of Agriculture, Makurdi, Dr Ichor Tersagh, for allegedly masterminding the abduction of the wife of his colleague, Mrs Susan Anyagh.

Her husband, Paul Anyagh, is the chairman of the Academic Staff Union of Universities, JOSTUM chapter.

It was gathered that the woman was ambushed and kidnapped by some men along Otukpo Road, Makurdi, last Saturday.

The kidnappers were said to have collected the N1.3 million found in her car, beat her to a coma and abandoned her on a bush path.
The state command spokesperson, Catherine Anene, who confirmed the incident in a statement on Friday, said that the woman was later found along Yandev-Ugbema Road, where she was rushed to Primary Healthcare Clinic, Ameladu, for treatment.

According to the PPRO, the victim, after she regained consciousness, narrated how she saw her husband’s colleague close to where she was abducted and beckoned on him to save her life, but the lecturer turned his back away from her.

The PPRO said in a statement, “She stated that while she was driving from NNPC mega fuel station, Kanshio, where she went to collect money from her customer, she was flagged down at Otukpo Road by persons who claimed to be in need, and she stopped to render help.

They quickly jumped into her car and pointed a gun at her, ordering her to drive towards the Wurukum area.

“Immediately, she looked outside the car and saw her husband’s colleague; Dr. Ichor Tersagh Smart of JOSTUM standing by the car, she beckoned on him for help but he turned his back and walked away.”

The statement added, “While moving in the vehicle, her abductors received a call from Dr Ichor ordering that she should be killed, and she became agitated.

“When they sighted a police checkpoint ahead that was checking vehicles, they decided to reverse to a hidden place.

“They parked the car, brought her out, collected the sum of N1,350,000 she had in the car, opened the car boot, and took a vehicle jack, which they used to hit the back of her neck, and she fell.”

Anene said the lecturer had been arrested in connection with the case, and the investigation is ongoing.

When contacted on Friday, the husband of the victim, who confirmed the incident, said he was currently at the police command headquarters over the case and promised to provide further details later.

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EFCC Arrests Suspected Fraudster for Allegedly Duping 139 Australians

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Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a suspected online fraudster, Osang Usie Otukpa, for allegedly duping 139 Australians to the tune of $AUD8,000,000 (Eight Million Australian Dollars).

He was picked up in a stake out at the Murtala Mohammed International Airport, Ikeja, Lagos upon arrival from the United States of America on Friday, December 6, 2024.

Otukpa, who goes by five aliases, namely: Ford Thompson, Oscar Donald Tyler, Michael Haye, Jose Vitto and Kristin Davidson scammed the victims by luring them on the social media to invest in his rogue cryptocurrency investment platform, Liquid Asset Group, LAG.

The proceeds of the alleged crimes were routed to his bank accounts through a global cryptocurrency exchange platform.

He would be charged to court upon conclusion of investigations.

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