PUNCH
The Federal High Court in Lagos, on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele.
Justice Ayokunle Faji ordered the final forfeiture of the funds to the Federal Government.
The final forfeiture order followed an application by the Economic and Financial Crimes Commission on Tuesday.
The anti-graft agency had earlier on May 29, 2014, secured an interim order temporarily forfeiting the money.
The judge ordered the publication of the court order in the newspapers to give anyone interested in the funds to appear in court and show cause why it should not be permanently forfeited.
At the Tuesday hearing, counsel for the EFCC, Mrs Bilkisu Buhari-Bala, said the commission had complied with the publication order and no one had come forward to claim the money.
According to her, the funds were proceeds of unlawful activities by Emefiele.
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