The EFCC had approached the court for an interim forfeiture of the monies and properties, pursuant to Section 17 of the Advance Fee Fraud and other Fraud Related Offence Act. 14 2006, Section 44 of the Constitution and under the inherent jurisdiction of the court. Following an ex- parte argued by the Economic and Financial Crimes Commission, EFCC, counsel, Bilkisu Buhari and C.C Chineye, Justice Yellim Bogoro ordered the ex-CBN governor to relinquish his properties on Thursday.
069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA; Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam Investment Services; a land at 1, Bunmi Owulude Street, , Lekki Phase 1, Lagos; and a property situated on 8, Bayo Kuku Road, lkoyi Lagos.
Source: Law Daily Report (lawdailyreport.net)
Emefiele
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