National Economy
Saturday, May 31, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

Emefiele Challenges Forfeiture Of 753 Abuja Houses

by Ngozi Ibe and Olakunle Olasanmi
2 days ago
in News
Reading Time: 2 mins read
Emefiele,Emefiele Challenges Forfeiture Of 753 Abuja Houses
Share on FacebookShare on TwitterShare on Telegram

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has approached the Court of Appeal in Abuja, to upturn an order of a High Court granting the takeover of 753 housing units in Abuja, to the Federal Government.

The Economic and Financial Crimes Commission (EFCC) had obtained a court order to seize the estate.

Emefiele, through his legal representative, A.M. Kotoye, contended that he ought to have been involved in the proceedings, as he holds an interest in the property.

He is now seeking the Appeal Court’s reversal of the lower court’s ruling.

You May Like

Adesina Set Unmatched Record At AfDB — Buhari

Reps Threaten To Revoke Licences Of Defaulting Quarry Operators

“I was unaware of the forfeiture,” Emefiele said.

He told the court that the EFCC published the interim forfeiture notice in an obscure section of a newspaper, making it difficult to detect.

Additionally, Emefiele explained that he was simultaneously managing three criminal cases in both Abuja and Lagos, which hindered his ability to notice the publication.

He further accused the EFCC of deliberately concealing the forfeiture case from him, despite their ongoing engagement with him on other charges.

The trial court, however, dismissed his claim, ruling that the EFCC had followed due process and that the newspaper notice was sufficient.

The judge declared that the notice “could not reasonably be described as hidden.”

He argued in the appeal that the trial court had misconstrued his application and erroneously dismissed it without proper consideration of critical facts, asserting that the orders were founded on “hearsay, suspicion, and no proper evidence.”

Emefiele also maintained that he possessed both legal and equitable interests in the estate despite the court’s assertion that he failed to provide proof of ownership.

“The entire ruling is a miscarriage of justice,” Emefiele declared.

He added, “The failure of the trial judge to properly evaluate the affidavit and documents before him is perverse and has caused a miscarriage of justice.

“The orders were made in breach of the 1999 Constitution and are therefore null and void.”

Tags: EMEFIELEEmefiele Challenges Forfeiture Of 753 Abuja Houses
ShareTweetShare
Previous Post

Kano Releases N16bn Entitlements To Ex-LG Councillors, Current Officials

Next Post

Drug Trafficker Bags 24-yr Jail Term, Forfeits N16.8m, Car

ANOTHER GOOD READ

Adesina Set Unmatched Record At AfDB — Buhari
News

Adesina Set Unmatched Record At AfDB — Buhari

1 day ago
JUST-IN: Reps Pass Tax Reform Bills
News

Reps Threaten To Revoke Licences Of Defaulting Quarry Operators

1 day ago
AfDB: Tinubu Hails Sidi Tah’s Election, Reaffirms Nigeria’s Commitment
News

AfDB: Tinubu Hails Sidi Tah’s Election, Reaffirms Nigeria’s Commitment

1 day ago
JUST-IN: Tinubu Inaugurates New NNPCL Board
News

Tinubu Signs Executive Order To Cut Oil Project Costs, Boost Revenue

1 day ago
Only 2 States Generated Enough Revenue To Cover Expenses–BudgIT
News

Federal Gov’t Yet To Disburse 2025 Budget Funds — Fayemi

1 day ago
Pitcher Awards 2025: CBA Foundation Honored For Groundbreaking Widowhood Advocacy
News

Pitcher Awards 2025: CBA Foundation Honored For Groundbreaking Widowhood Advocacy

1 day ago
Next Post
Drug Trafficker Bags 24-yr Jail Term, Forfeits N16.8m, Car

Drug Trafficker Bags 24-yr Jail Term, Forfeits N16.8m, Car

Most Recent

Adesina Set Unmatched Record At AfDB — Buhari

Adesina Set Unmatched Record At AfDB — Buhari

May 30, 2025
JUST-IN: Reps Pass Tax Reform Bills

Reps Threaten To Revoke Licences Of Defaulting Quarry Operators

May 30, 2025
AfDB: Tinubu Hails Sidi Tah’s Election, Reaffirms Nigeria’s Commitment

AfDB: Tinubu Hails Sidi Tah’s Election, Reaffirms Nigeria’s Commitment

May 30, 2025
JUST-IN: Tinubu Inaugurates New NNPCL Board

Tinubu Signs Executive Order To Cut Oil Project Costs, Boost Revenue

May 30, 2025
Only 2 States Generated Enough Revenue To Cover Expenses–BudgIT

Federal Gov’t Yet To Disburse 2025 Budget Funds — Fayemi

May 30, 2025
Pitcher Awards 2025: CBA Foundation Honored For Groundbreaking Widowhood Advocacy

Pitcher Awards 2025: CBA Foundation Honored For Groundbreaking Widowhood Advocacy

May 30, 2025
Senate Passes 2 Remaining Tax Reform Bills, Recommends Tax Tribunal

Senate Approves N1.8trn 2025 FCT Budget

May 30, 2025
Drug Trafficker Bags 24-yr Jail Term, Forfeits N16.8m, Car

Drug Trafficker Bags 24-yr Jail Term, Forfeits N16.8m, Car

May 29, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy