By Gwurld4026 
Emefiele’s $1.4 Million Forfeiture: Court’s Final Decision
A Federal High Court in Lagos has ordered the final forfeiture of $1,426,175.14 linked to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Justice Ayokunle Faji ruled that the funds, held in Donatone Limited’s account at Titan Trust Bank, were proceeds of unlawful activities and should be surrendered to the federal government.
The Economic and Financial Crimes Commission (EFCC) presented evidence that the funds were illicit, leading to the court’s decision. This forfeiture follows previous orders, including the final forfeiture of properties worth over N12.18 billion in June 2024.
Emefiele, suspended as CBN Governor in June 2023, faces multiple corruption charges in Lagos and Abuja. These forfeiture orders are non-conviction-based, meaning they were granted without a criminal conviction.