A Federal High Court has mandated the interim forfeiture of assets and funds amounting to over $4.7 million, N830 billion, and various properties belonging to Godwin Emefiele, the former Governor of the Central Bank of Nigeria.

Justice Yellim Bogoro issued the order on Friday, May 24, 2024, following an ex-parte motion filed by EFCC counsels Bilkisu Buhari and C.C. Chineye.

The assets in question, linked to Emefiele, include $4,719,054, N830,875,611, and several properties. The funds were associated with individuals and entities such as Omoile Anita Joy, Deep Blue Energy Service Limited, Exactquote Bureau De Change Limited, Lipam Investment Services Limited, Tatler Services Limited, Rosajul Global Resources Limited, and TIL Communication Nigeria Limited.

The properties ordered to be forfeited include:
• 94 units of an 11-story building under construction at 2, Otunba Elegushi 2nd Avenue, Ikoyi, Lagos.

• AM Plaza, an 11-story office space located at 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos.

• Imore Industrial Park 1, Esa Street, Imoore Land (Deep Dive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos).

• Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro, Owolomi Village, Ibeju-Lekki LGA, Lagos.

• Two properties purchased from Chevron Nigeria, Closed PFA Fund, Block B, Lot, Twin Completed Property Lakes Estate, Lekki, Lagos.

Additional properties include:
• A plot measuring 1,038.069 sqm at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa LGA.

• An estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, owned by Lipam Investment Services.

• A land parcel at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos.

• A property situated at 8, Bayo Kuku Road, Ikoyi, Lagos.

The EFCC's request for the interim order was to forfeit to the Federal Government of Nigeria the funds and properties suspected to be proceeds of unlawful activities.

Justice Bogoro, while granting the motion, stated, "I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit in support."

The case has been adjourned to July 2, 2024, for the hearing of the motion for final forfeiture.