SUPREME COURT AFFIRMS FINAL FORFEITURE OF PROPERTIES, $2M LINKED TO EMEFIELE

The Supreme Court has upheld the final forfeiture of multiple properties and $2.045 million linked to former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to the Federal Government. In a unanimous judgment delivered on Friday, the apex court set aside the earlier ruling of the Court of Appeal in Lagos, which had nullified the forfeiture order and directed a retrial at the lower court. The Supreme Court held that the appellate court erred in overturning the decision of the trial court. On November 1, 2024, Justice Deinde Dipeolu of…

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