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Court to rule on $2.045m, properties linked to Emefiele Nov. 1

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Justice Deinde Dipeolu of the Federal High Court in Lagos has set November 1, 2024, to decide on the EFCC’s request for the final forfeiture of $2.045 million and assets linked to ex-CBN Governor, Godwin Emefiele.

The court will also rule on the application filed by Emefiele challenging the jurisdiction of the court to entertain the forfeiture proceedings.

The court had on August 25, 2024, authorised the EFCC to temporarily take custody of the cash sum of $2.045million, seven choice landed properties, and shares linked to Emefiele.

In granting the application, the court had directed the EFCC to publish the order of interim forfeiture for any person interested in the funds to show the cause why it should not be finally forfeited to the FG.

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At the resumed hearing on Friday Rotimi Oyedepo (SAN), who led Bilkisu Buhari-Bala and C.C Okezie counsel for the EFCC, moved an application for the final forfeiture of the sum of $2.045m, as well as share certificates, which he said was not contested by the interested Party.

On the properties sought to be forfeited, Oyedepo submitted that the party interested failed to connect his lawful earnings from Zenith Bank and the Central Bank of Nigeria (CBN) to the acquisition of the properties sought to be forfeited.

He stated that the totality of the amount the party interested lawfully earned and saved before the assumption of office as CBN Governor as declared by him was not used for the acquisition of the properties sought to be forfeited.

Oyedepo further adopted his written address dated August 29, 2024, and urged the court to order the final forfeiture of the properties to the Federal Government.

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In his opposition, Mr. Olalekan Ojo, counsel to the interested Party (Emefiele), who led Labi Lawal urged the court to hold that the interested party has shown in a balance of probability that the court ought not to grant final forfeiture of the properties.

He adopted his written address and urged the court to refuse the application.

Earlier, in his application challenging the jurisdiction of the court to continue with the forfeiture proceedings, Olalekan Ojo (SAN) urged the court to stay further proceedings pending final determinations of the charges filed by the EFCC against Emefiele before the Federal High Court in Abuja and at the Lagos State High Court.

Citing several legal authorities to buttress his argument, Ojo argued that the decision of the court will affect ongoing trials at the Federal High Court, Abuja, and the Lagos State High Court respectively.

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However, Oyedepo in his reply urged the court to discountenance the argument, adding the court had held on several occasions that the penance of a charge, will not prevent the court from making final forfeiture of properties reasonably suspected to be proceeds of unlawful activity.

Justice Akintayo Aluko had on August 15 ordered an interim forfeiture of $2.045 million, and some landed properties allegedly linked to Emefiele following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

The judge granted the forfeiture order, after hearing EFCC counsel, Mr. Rotimi Oyedepo (SAN).

Other properties ordered to be forfeited by the court include two fully detached duplexes of identical structures, lying being and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65A Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos, and a four-bedroom duplex at 12a Probyn Road, Ikoyi.

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Others are an industrial complex under construction on 22 plots of land in Agbor, Delta State; 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

The judge also ordered that two share certificates of Queensdorf Global Fund Limited Trust belonging to Emefiele be temporarily forfeited.

After granting the motion, Justice Aluko further ordered the EFCC to publish the forfeiture notice in a well-circulated national newspaper within 14 days, for any interested party to show cause and tell the court why the money and properties should not be finally forfeited.

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10m beneficiaries of cash transfers don’t have phones, not on social media – APC Chairman

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The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, says more than 10 million vulnerable Nigerians who benefited from the N75,000 conditional cash transfer programme do not have access to mobile phones or social media.

Yilwatda disclosed this on Saturday while speaking with journalists after a three-day retreat of the APC National Executive Council in Maiduguri, Borno State.

The beneficiaries, whom he described as poor and vulnerable Nigerians, were largely unable to participate in public discussions about government policies because they lacked access to phones, television and social media.

“We have given 75,000 naira to over 10 million Nigerians across the country using the conditional cash transfer under the Ministry of Humanitarian Affairs and Poverty Reduction.

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“Mind you, these people who are poor and vulnerable don’t have telephones to make calls; they are not on social media. They don’t have a television. They cannot come and challenge and discuss as we are doing here, but they are out there,” he said.

Yilwatda also criticised former Vice President and African Democratic Congress presidential candidate, Atiku Abubakar, over his position on the fuel subsidy.

“We are constructing roads and paying people that are working on the road site, and construction is going across the country,” he said.

“Over 30 states could not pay salaries and pensions. After we removed subsidies, all states can pay salaries and pensions, and no state is left behind.

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“Today, if you return it, you are saying states shouldn’t pay salaries again. And what suffering are you bringing to Nigeria?”

The APC chairman also argued that a return to fuel subsidy would affect the government’s student loan scheme and other projects.

“The projects we’re doing across the country, like the coastal road and gas project to the north, which have passed Abuja, which are aimed at easing the suffering of Nigerians, will be suspended,” he said.

Yilwatda further accused Atiku of seeking to reverse the gains of the Tinubu administration in pursuit of the presidency, saying the APC and Nigerians would not accept such a move.

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The APC chairman said the NEC retreat also reviewed the party’s activities at the national, state, local government, ward and polling-unit levels.

According to him, the party concluded that it remained strong and prepared for the 2027 general elections.

He said the NEC passed a vote of confidence in President Bola Tinubu, Vice President Kashim Shettima and other APC candidates who emerged from the party’s primaries for the 2027 elections.

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‘I’m like three women’ — Ivie Atuwatse rules out polygamy for Olu of Warri

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Ivie Atuwatse III, wife of Ogiame Atuwatse III, the Olu of Warri, has opened up on the joys and challenges of being married to the traditional ruler, saying she takes pride in seeing people celebrate his achievements.

Ivie spoke in a recent interview with BBC News Pidgin, where she discussed life as the wife of the monarch and the demands that come with his position.

She said one of the things she enjoys most about the marriage is watching people appreciate her husband’s personality and achievements.

“The thing wey I like about being married to His Majesty is that, all the fame or the popularity wey him get, na say I get to see the world celebrate his genius, his swag also, cos me too I dey celebrate am,” she said.

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“And when the world dey celebrate am, e dey ginger me more. I dey extremely proud of am as a human being, and to see that they also appreciate am dey give me much joy.”

However, Ivie admitted that the Olu’s responsibilities can sometimes make it difficult for her to have enough time with him.

“But on the other side, dem say food wey dey sweet sometimes flies dey like to chop from am,” she said.

“Sometimes e dey busy and it can be hard to want to share my husband with all the many different duties that he has, and so that can be equally difficult.”

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She said they were learning to adjust to the demands of his position.

“And so, we are learning to navigate it because sometimes I just want him to myself,” she added.

The interviewer also asked whether she would accept another wife if the Olu changed his position on polygamy, having previously said he was not open to it.

Ivie dismissed the possibility, insisting that she was confident her husband would not change his mind.

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“Firstly, His Majesty no go fit change him mind about polygamy. Make we just settle that one for there,” she said.

“Me alone, one me, I be like three women, so I dey alright for am.”

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PHOTOS: Jerry Eze leads thousands in prayer at Man United’s Old Trafford

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Old Trafford, Manchester United’s 74,000-capacity stadium, became a house of worship on Saturday as Nigerian pastor Jerry Eze led the NSPPD UK Prayer Conference, drawing believers from across Britain and beyond.

Hosted by Streams of Joy International, the conference brought together believers from across the United Kingdom and around the world for prayer, worship and fellowship.

Worshippers at the NSPPD UK Prayer Conference held at Old Trafford, Manchester, on Saturday. Photo: X / @AgborMoses34

Admission to the event was free, though attendees were encouraged to register in advance as places were limited.

Despite that, demand reportedly outstripped availability, with some social media users claiming the event was fully booked and turning to TikTok in the days leading up to the conference in search of spare tickets.

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Worshippers during the NSPPD UK Prayer Conference at Old Trafford, Manchester, on Saturday. PHOTO: NSPPD/YouTube

Worshippers during the NSPPD UK Prayer Conference at Old Trafford, Manchester, on Saturday. PHOTO: NSPPD/YouTube

The gathering featured several well-known gospel ministers alongside Eze, including Sunmisola Agbebi, Mercy Chinwo, Dunsin Oyekan and Kaestrings.

Worshippers during the NSPPD UK Prayer Conference at Old Trafford, Manchester, on Saturday. PHOTO: NSPPD/YouTube

(Credit: Saturday PUNCH)

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