Court Rejects Emefiele’s Bid to Reclaim Forfeited 753 Duplex Estate

The Federal Capital Territory (FCT) High Court in Apo, Abuja, has dismissed an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, seeking to reclaim a 753-unit estate in the Lokogoma District of Abuja. The estate, measuring 150,462.84 square meters, was previously forfeited to the federal government following an order by the Economic and Financial Crimes Commission (EFCC)

Justice Jude Onwuegbuzie, presiding over the case, ruled that Emefiele failed to demonstrate a legitimate interest in the property, noting that the EFCC had provided adequate notice of the forfeiture proceedings. The court emphasized that the forfeiture was in line with legal provisions aimed at combating economic and financial crimes.

The EFCC had secured both interim and final forfeiture orders for the estate, alleging that it was acquired through illicit means. The dismissal of Emefiele’s application solidifies the government’s claim to the property, marking a significant development in ongoing anti-corruption efforts.

Emefiele’s legal team has expressed their intention to appeal the decision, indicating that the legal proceedings concerning the estate may continue in higher courts. The case has garnered significant public attention, highlighting issues related to asset forfeiture and accountability in public office.

As the legal battle progresses, the outcome may set important precedents for future cases involving the forfeiture of assets linked to public officials. The EFCC has reiterated its commitment to enforcing the rule of law and ensuring that individuals who engage in corrupt practices are held accountable.

The 753-unit estate, once completed, is expected to contribute significantly to the housing sector in Abuja. The federal government has indicated plans to utilize the property for public purposes, including potential allocations for civil servants and other public servants.

The case continues to unfold, with legal experts and the public closely monitoring developments. The final resolution of the matter is anticipated to have far-reaching implications for asset recovery and the fight against corruption in Nigeria.