The Federal High Court in Lagos has fixed November 1, 2024 to rule on the application by the Economic and Financial Crimes Commission (EFCC) for the final forfeiture of the $2.045million, seven choice landed properties and shares involving former Governor of the Central Bank of Nigeria, Godwin Emefiele.
On the same date, the court will also rule on the formal application filed by the former banker for a stay of proceedings.
On August 15, 2024, the court had authorised the EFCC to temporarily take custody of the assets.
In granting the application, the court had directed the EFCC to publish the order of interim forfeiture for any person interested in the funds to show the cause why it should not be finally forfeited to the FG.
At the resumed hearing on Friday, Rotimi Oyedepo (SAN), counsel for the EFCC, moved an application for the final forfeiture of the sum of $2.045m, as well as share certificates, which he said was not contested by the interested Party.