• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
nigerias central bank chief emefiele arraigned on firearm charges pleads not guilty

Nigeria: Former CBN Gov Emefiele To Forfeit N12bn Property

2 years ago
Venezuela: 80 Political Prisoners Freed

Venezuela: 80 Political Prisoners Freed

6 hours ago
Burundi Overwhelmed Over Influx Of Thousands Of Congolese Fleeing Violence

South Sudan: UN Raises Alarm Over Reported Calls For Violence Against Civilians

7 hours ago
US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

11 hours ago
Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

12 hours ago
Egypt Plans Arab Summit This Month Over Trump’s Proposal On Gaza

Again, Egypt’s el-Sissi Kicks Against Israel’s Plan To Relocate Palestinians From Gaza

12 hours ago
Monday, January 26, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Guinea-Bissau: Military Govt Adopts Charter Barring Coup Leaders From Elections

    Guinea-Bissau: Military Government Fixes Election Date After Coup

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

  • Economy
    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Australian Gold Mining Firm To Pay Malian Govt $160m In Tax Dispute Resolution

    Egypt Targets $9bn Export Revenue From First Large-Scale Gold Refinery

    Afreximbank

    Afreximbank Ends Credit Rating Relationship With Fitch

    Mali: 20 Soldiers Arrested Over Alleged Plan To Overthrow Junta-led Govt

    Mali: Junta Govt Sets Up Ministerial-level Office To Oversee Mining Industry

    Ghana: Mahama Vows To Cut Freebies For Govt Officials If Elected President

    At Davos, Ghana Pushes ‘Accra Reset’ As Africa’s Answer To A Fracturing Global Order

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    Malawi Hikes Fuel Price By Over 40% Amid Fear Of High Living Cost

    Malawi Hikes Fuel Price By Over 40% Amid Fear Of High Living Cost

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Guinea-Bissau: Military Govt Adopts Charter Barring Coup Leaders From Elections

    Guinea-Bissau: Military Government Fixes Election Date After Coup

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

  • Economy
    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Australian Gold Mining Firm To Pay Malian Govt $160m In Tax Dispute Resolution

    Egypt Targets $9bn Export Revenue From First Large-Scale Gold Refinery

    Afreximbank

    Afreximbank Ends Credit Rating Relationship With Fitch

    Mali: 20 Soldiers Arrested Over Alleged Plan To Overthrow Junta-led Govt

    Mali: Junta Govt Sets Up Ministerial-level Office To Oversee Mining Industry

    Ghana: Mahama Vows To Cut Freebies For Govt Officials If Elected President

    At Davos, Ghana Pushes ‘Accra Reset’ As Africa’s Answer To A Fracturing Global Order

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    Malawi Hikes Fuel Price By Over 40% Amid Fear Of High Living Cost

    Malawi Hikes Fuel Price By Over 40% Amid Fear Of High Living Cost

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria: Former CBN Gov Emefiele To Forfeit N12bn Property

June 22, 2024
in Economy, Legal, Top Stories
0
nigerias central bank chief emefiele arraigned on firearm charges pleads not guilty
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

A Federal High Court that sat in Lagos State on Friday, ordered the permanent forfeiture of properties worth over N11.14 billion and N1.04 billion belonging to a former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the Nigerian Government.

Relatedreading

Venezuela: 80 Political Prisoners Freed

South Sudan: UN Raises Alarm Over Reported Calls For Violence Against Civilians

Heritage Times HT reports that Justice Chukwujekwu Aneke issued the final forfeiture order after considering a motion filed by the Economic and Financial Crimes Commission, represented by counsel Chineye Okezie.

Local Newspaper, The Punch quoted the judge as saying: “Having carefully considered the application and submission of counsel, it is hereby ordered as follows: – that a final forfeiture order of this honourable court is hereby made forfeiting to the Federal Government of Nigeria, properties contained in Schedule A herein which were traced and reasonably suspected to have been acquired with proceeds of unlawful activities”.

The property included shops and apartments at Cadastral Zone Maitama and Wuse.

“A final forfeiture order of this Honourable Court is, hereby, made forfeiting to the Federal Government of Nigeria, properties contained in Schedule B herein which properties were traced to have been acquired with proceeds of unlawful activities,” Aneke said.

The property included lands and apartments which were paid for on behalf of Oluwaseun at a total value of N1.04 billion.

Obayemi Oluwaseun Teben and Akomolafe Adebayo working with Olubunmi Makinde “used their positions and Influence as CBN staff to secure retail and Special allocation of Foreign Exchange to different companies in exchange for kickbacks, according to the affidavit.

“That OLUBUNMI MAKINDE is the link between OBAYEMI OLUWASEUN TEBEN and AKOMOLAFE ADEBAYO and the various companies applying for the purchase of foreign exchange.

“That OBAYEMI OLUWASEUN TEBEN and AKOMOLAFE ADEBAYO as staff of the Central Bank of Nigeria have access to the bidding processes and bidding Data of companies who have applied for the approval of form Ms to the CBN through their various commercial banks”.

On June 5, 2024, Aneke granted an interim forfeiture following a motion by EFCC counsel Rotimi Oyedepo.

The judge directed the EFCC to publish the order in a national newspaper, inviting any interested parties to show cause why the final forfeiture order should not be issued.

The judge then scheduled a hearing for the motion for final forfeiture.

On June 21, no party appeared in court to contest the interim order. Consequently, Chineye Okezie moved forward with her motion for permanent forfeiture.

 

Tags: CBNChief Godwin Emefiele
ShareTweetSend
Previous Post

European Aid Worker Faces Terrorism, Coup Plot Charges In CAR

Next Post

Japa: Nigerian Govt To Punish Civil Servants Receiving Salaries After Relocating Abroad

Related Posts

Venezuela: 80 Political Prisoners Freed

Venezuela: 80 Political Prisoners Freed

January 25, 2026
Burundi Overwhelmed Over Influx Of Thousands Of Congolese Fleeing Violence

South Sudan: UN Raises Alarm Over Reported Calls For Violence Against Civilians

January 25, 2026

US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

Again, Egypt’s el-Sissi Kicks Against Israel’s Plan To Relocate Palestinians From Gaza

US: UN Rights Chief Decries Rising Migrant Abuse In ICE Custody

Next Post
Tinubu's Nigeria Now Third in World Bank IDA Debts, Adds $2.2 Billion

Japa: Nigerian Govt To Punish Civil Servants Receiving Salaries After Relocating Abroad

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Venezuela: 80 Political Prisoners Freed

Venezuela: 80 Political Prisoners Freed

January 25, 2026
Burundi Overwhelmed Over Influx Of Thousands Of Congolese Fleeing Violence

South Sudan: UN Raises Alarm Over Reported Calls For Violence Against Civilians

January 25, 2026
US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

January 25, 2026
Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

January 25, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Venezuela: 80 Political Prisoners Freed

January 25, 2026

South Sudan: UN Raises Alarm Over Reported Calls For Violence Against Civilians

January 25, 2026

US: Protests In Minneapolis As State Officers Shoot 37-Year-Old Medical Worker

January 25, 2026

Uganda: Bobi Wine’s Wife Hospitalised After Military Raid On Her Home

January 25, 2026

Again, Egypt’s el-Sissi Kicks Against Israel’s Plan To Relocate Palestinians From Gaza

January 25, 2026

US: UN Rights Chief Decries Rising Migrant Abuse In ICE Custody

January 24, 2026

Thailand: Police Arrest 11 Nigerians Over Alleged Romance Scam

January 24, 2026

Senegalese PM To Visit Morocco After AFCON Tension

January 24, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In