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EFCC urges court to reject Emefiele’s move to stop asset seizure

The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court in Lagos to reject an application by former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, seeking to halt the forfeiture of assets linked to him.

On August 25, 2024, the court granted the EFCC temporary control over $2.045 million, seven prime properties, and shares associated with Emefiele.

During Friday’s proceedings, Emefiele’s counsel, a Senior Advocate of Nigeria (SAN), Olalekan Ojo, requested Justice Deinde Dipeolu to delay the case until the Court of Appeal resolves the former CBN governor’s appeal.

However, EFCC’s counsel, Senior Advocate of Nigeria Rotimi Oyedepo, countered the request, stating that no formal appeal had been lodged.

“The defendant has not filed any valid appeal,” Oyedepo said. “There was no decision made that could be appealed, yet they have rushed to the Court…
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