The Supreme Court has restored the final forfeiture of seven high-value properties linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, overturning an earlier judgment of the Court of Appeal which had ordered a retrial of the case.
A five-member panel of the apex court, led by Justice Ibrahim Saulawa, unanimously allowed the appeal and set aside the decision of the Court of Appeal, Lagos Division, which had nullified the forfeiture order made by the Federal High Court in Lagos.
The apex court’s decision effectively restores the final forfeiture of the assets, bringing to an end the legal challenge mounted by Emefiele against the Federal High Court’s order.
More to follow…
