Connect with us

Metro News

Court to rule on Emefiele’s forfeiture case November 1

Published

on

The Federal High Court, in Lagos, has adjourned till November 1, 2024, to deliver a ruling on the Economic and Financial Crimes Commission’s application for the final forfeiture of $2.045m, seven prime landed property, and shares linked to a former Central Bank of Nigeria Governor, Godwin Emefiele.

Justice Deinde Dipeolu will also rule on an application by Emefiele challenging the court’s jurisdiction to hear the forfeiture case.

Earlier, on August 25, 2024, the court granted the EFCC’s request for temporary custody of the cash, property, and shares linked to Emefiele.

The court directed the anti-graft agency to publish the interim forfeiture order, giving anyone interested the chance to explain why the assets shouldn’t be permanently forfeited to the Federal Government.

At the resumed hearing on Friday, EFCC counsel, Rotimi Oyedepo, moved an application for the final forfeiture of the $2.045 m and share certificates, noting that no objections had been raised by any interested party.

READ  EFCC arrests father, son for alleged Internet fraud in Lagos

Regarding the property, Oyedepo argued that Emefiele failed to show that his lawful earnings from Zenith Bank and the CBN were used to acquire the property in question.

He further stated that Emefiele’s declared lawful savings before assuming office as CBN Governor were insufficient to purchase the property sought for forfeiture.

Oyedepo adopted his written address dated August 29, 2024, and urged the court to approve the final forfeiture.

In response, Olalekan Ojo, representing Emefiele, argued that his client had provided enough evidence to show why the final forfeiture shouldn’t be granted

He also adopted his written address, urging the court to reject the EFCC’s application.

Ojo had earlier filed a separate application challenging the court’s jurisdiction to proceed with the forfeiture hearing, citing ongoing charges against Emefiele at both the Federal High Court in Abuja and the Lagos State High Court.

He requested a stay of the forfeiture proceedings until the cases were concluded, arguing that the court’s decision would affect the ongoing trials.

READ  Parents cry for justice over 22-year-old daughter's mysterious death in boyfriend’s house

However, Oyedepo countered this, stating that courts had previously ruled that pending criminal charges do not prevent the final forfeiture of assets suspected to be the proceeds of unlawful activity.

In an earlier ruling, on August 15, 2024, Justice Akintayo Aluko had granted an interim forfeiture of the $2.045 m, and several property allegedly linked to Emefiele after an ex-parte application by the EFCC.

The property include two detached duplexes on Hakeem Odumosu Street, Lekki Phase 1, Lagos, a plot of undeveloped land on Oyinkan Abayomi Drive, Ikoyi, a bungalow on the same street, a four-bedroom duplex on Probyn Road, Ikoyi, an industrial complex under construction in Agbor, Delta State, eight apartment units on Adekunle Lawal Road, Ikoyi, and a duplex on Bank Road, Ikoyi.

Additionally, the court ordered the temporary forfeiture of two share certificates belonging to Queensdorf Global Fund Limited Trust, linked to Emefiele.

Justice Aluko directed that the forfeiture notice be published in a national newspaper, giving interested parties 14 days to contest the order

READ  N3bn fraud: Oyo-Ita, allies diverted public funds to private companies, EFCC witness tells court

Metro News

10 dead, 7 injured as building collapses in Ibadan

Published

on

By

 

At least 10 persons have died after a building collapsed in Ibadan, the Oyo state capital.

The incident occurred in the early hours of Thursday, at Jegeda Oluloyo, Ona Ara LGA.

 

In a statement, the Oyo State Fire Service Agency said seven persons were rescued from the rubble.

 

“The Oyo State Fire Services Agency received a distressed call at around 2 am this morning at Jegede Olunloyo area, Ibadan, of which 10 persons have been recovered from the debris of the collapsed building, while seven persons were rescued alive,” the statement reads.

 

“Rescue operation is still going on.”

 

The incident adds to the growing list of building collapse incidents across the country.

 

In June 2023, a two-storey building collapsed in the Inalende area of Ibadan following a downpour.

 

At least seven people died last weekend after a building collapsed in the Sabon Lugbe area of Abuja.

 

READ  NLC declares two-day nationwide protest over economic hardship
Continue Reading

Metro News

Police arrest ‘major arms dealer supplying weapons to bandits’ in Plateau

Published

on

By

 

The Nigeria Police Force (NPF) says it has arrested Jubril Musa,“a major arms dealer”, in Plateau state.

 

In a statement on Thursday, Olumuyiwa Adejobi, spokesperson for the NPF, said Musa was apprehended with a cache of weapons.

 

He added that the suspect confessed to supplying arms to bandits and kidnappers in the region.

 

“The suspect, identified as Jubril Musa ‘m’, was arrested with 2 rounds of 7.62mm live ammunition (long), 1 Makarov pistol, 1 fabricated Bronny pistol, a single round of 7.8mm live ammunition, 2 rounds of G3 live ammunition, 4 rounds of 7.6mm live ammunition (short), and a single round of 9mm live ammunition,” he said.

Adejobi added that within a month, the police arrested hundreds of suspects connected to crimes including armed robbery, kidnapping, and murder.

 

“Since October 1, 2024, the Nigeria Police Force has recorded significant achievements in the fight against crime,” Adejobi added.

 

“These include the arrest of 371 armed robbery suspects, 186 kidnapping suspects, 242 murder/homicide suspects, 63 suspects connected with the unlawful possession of prohibited firearms, 217 rape suspects, and 167 suspected cultists.

READ  ASUU Vs FG: Court adjourns hearing to Sept 16

 

“Additionally, 210 firearms and 3,172 rounds of various calibres of ammunition were recovered.

 

“The Police were also able to recover 118 stolen vehicles and rescue 64 kidnapping victims across the country.”

 

Adejobi said the arrests demonstrate the force’s commitment under Kayode Egbetokun, the inspector-general of police (IGP), to address threats to public safety.

 

“The Inspector General of Police once again reassures members of the public of the Police Force’s dedication to enhancing the safety and security of the country through various tactical operations, intelligence-led policing, and community engagement strategies,” he said.

 

“The goal of these initiatives is to achieve a substantial decrease in crime rates across the country and to make significant strides in combating violent crimes such as banditry, kidnapping, armed robbery, and cybercrime.

 

“Embracing a multifaceted approach to law enforcement, the Nigeria Police Force remains relentless in its mission to reduce crimes and criminalities in accordance with the Rule of Law, upholding the highest standards of professionalism in carrying out duties of protecting lives and properties.”

READ  N3bn fraud: Oyo-Ita, allies diverted public funds to private companies, EFCC witness tells court

Continue Reading

Metro News

Alleged abuse of office: Emefiele’s wife, niece received funds, listed as beneficiaries, witness tells court

Published

on

By

 

A former Secretary to the Central Bank of Nigeria (CBN), Mr John Ogah, continued his testimony on Wednesday before a Lagos High Court sitting in Ikeja, where he disclosed that his former boss, Godwin Emefiele, listed his niece as one of the beneficiaries of funds from an account allegedly operated on his behalf.

Ogah, who is testifying as the 6th prosecution witness made the disclosure while answering questions from the counsel to the Economic and Financial Crimes Commission (EFCC), Senior Advocate of Nigeria, Rotimi Oyedepo.

 

Ogah told the court that he’s aware that the former CBN Governor once instructed the 5th prosecution witness, an account officer with Zenith bank, Ifeoma Ogbonnaya, to send funds into the account of his niece named Hannah.

 

Emefiele’s Counsel, Senior Advocate of Nigeria, Olalekan Ojo, raised objections to this line of questions and queried the relevance of the testimony as Hannah’s name was not mentioned anywhere in the charge. He insisted that it was an attempt to introduce sensationalism into the matter.

READ  My new lover and ex-husband are not friends, says actress Mercy Aigbe

The EFCC Counsel, however, countered the objection, he maintained that it was connected to the fact in issue and abuse of office charge and of conferring corrupt advantage on Emefiele’s associates and immediate family members including his wife, Margaret.

Through the witness, the EFCC also tendered in evidence, several email messages he sent to the account officer of three companies, Comec Support Services Ltd, Limelight Multideimensional Services Ltd and Andswin Resources Limited in Zenith Bank to transfer funds to certain beneficiaries.

The EFCC had alleged that the companies were used to launder funds for the former CBN governor.

 

Justice Rahman Oshodi has adjourned the case to November 28, 2024, for continuation of trial.

Continue Reading

Trending News