The Economic and Financial Crimes Commission (EFCC) has implicated former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the ownership of a massive estate comprising 753 duplexes and apartments in Abuja’s Cadastral Zone. EKO HOT BLOG reports that this revelation was detailed in court documents obtained by Punch on Tuesday. According to the EFCC, … Read more
The National Association of Nigerian Students (NANS) has commended the Economic and Financial Crimes Commission (EFCC) for successfully recovering a massive estate in Abuja, previously owned by a former top government official accused of corruption. EKO HOT BLOG reports that the forfeited estate, located on Plot 109, Cadastral Zone C09, Lokogoma District, spans 150,500 square … Read more
The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of a vast property located in the Federal Capital Territory (FCT) following a ruling by Judge Jude Onwuegbuzie of the FCT High Court on Monday. EKO HOT BLOG reports that the forfeited property, covering 150,500 square meters and consisting of 753 duplexes and … Read more
President Bola Tinubu has reiterated his commitment to the Tax Reform Bill currently under consideration in the National Assembly, firmly rejecting the National Economic Council’s (NEC) request to withdraw the bill for additional consultations. The NEC, led by Vice President Kashim Shettima and composed of the 36 state governors, had advised the President to pause … Read more
The Federal High Court in Lagos on Friday ordered the final forfeiture of $2.045 million, seven premium properties, and share certificates linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the Federal Government. Justice Deinde Dipeolu issued the ruling after no opposition was presented by Emefiele or any other claimants following the … Read more
The Economic and Financial Crimes Commission (EFCC) informed a federal high court in Lagos that no individual has come forward to claim the $2.045 million linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). Rotimi Oyedepo, EFCC counsel, made the statement on Thursday before the presiding judge, Deinde Dipeolu. The … Read more
The Federal High Court in Lagos has scheduled September 12 for a hearing on various applications related to the asset forfeiture case involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice Deinde Dipeolu announced the date after reviewing submissions from the involved parties. During the hearing, Bilikisu Buhari-Bala, representing the Economic and Financial … Read more
High Court in Abuja ordered the final forfeiture of NOK University and related assets to the Federal Government. The court ruled that the university failed to prove that the assets were not acquired with proceeds of crime. Additional investments by Hassan, including Gwasmyen Water Factory, Gwasmyen International Hotel, and Gwasmyen Event Centre, are also subject … Read more