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Court Forfeits Fresh $2m, 7 Landed Properties Traced To Emefiele

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By Kayode Sanni-Arewa

Justice Akintayo Aluko of a Lagos Federal High Court, has ordered interim forfeiture of cash sum of $2, 045, million USD, linked to the embattled former governor of the Central Bank of Nigeria, Mr. Godwin Ifeanyi Emefiele.

The judge also ordered interim forfeiture of the seven landed properties linked to the suspended CBN Governor.

The lands are listed as follows: “two fully detached duplex of identical structures, lying being and situate at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped/bare land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 LYING, being and situate at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow lying, being and situate at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos; four bedroom duplex lying, being and situate at 12a Probyn Road, Ikoyi; Industrial complex under construction on a 22-plot of land, lying, being and situate in Agbor, Delta State; 8 units of undetached apartment on a plot measuring 2457.60sqm OF lying, being and situate at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm lying, being and situate at 2a Bank Road, Ikoyi, Lagos.

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Justice Aluko further ordered the interim forfeiture of 2 shares shares certificates of Queensdorf Global Fund Limited trust.

The judge made the interim forfeiture orders after taken application for the orders in a suit marked FHC/L/MISC/500/24, which was filed moved and moved by the Economic and Financial Crimes Commission (EFCC) lawyer, Mr. Rotimi Oyedepo (SAN), who led Chineye C. Okezie and Zeenat Atiku Bala.

The EFCC lawyer, in urging the court, said the money and others items sought to be forfeited are reasonably suspected to be proceeds of unlawful activities.

Oyedepo also added that the orders sought for are pursuant to Section 17 of the advance fee fraud and Other Fraud Related Offences Act No. 14, 2006, Section 44 (2)(B) of the 1999 Constitution of the Federal Republic of Nigeria and the court’s inherent jurisdiction.

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Oyedepo (SAN) also informed the court that the motion ex parte is supported with an affidavit deposed to by one Idi Musa, an Investigator attached to the Lagos office of the EFCC.

Parts of the deponent’s averments in the affidavit reads: “that I am one of the operatives of the Economic and Financial Crimes Commission assigned to investigate the damning intelligence report received by the Economic And Financial Crimes Commission in respect of monumental fraudulent activities perpetrated by some senior officers of the Central Bank of Nigeria through which huge sums of money were fraudulently converted and transferred for personal use.

“That the Commission whilst investigating the alleged monumental fraud carried out by the immediate past Governor of the Central Bank of Nigeria (CBN) and his Cronies traced and discovered several properties reasonably suspected to have been acquired and or developed with proceeds of unlawful activities.

“That the said properties particularized in Schedules ‘A’ and ‘B’ herein, having been reasonably suspected to have been acquired/ developed with proceeds of unlawful activities are now sought to be forfeited to the federal Government of Nigeria in the interim.

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“That in the cause of this investigation, it was revealed that the erstwhile CBN governor negotiates kickbacks in return for allocation of Foreign Exchange to some companies who were in desperate need of foreign exchange for their lawful and legitimate businesses.

“That upon investigation, it was revealed that one Ifeanyi Omeke, a Deputy General Manager and Head, Litigation of Zenith Bank Plc, who worked closely with Godwin Emefiele ran several errands for him which included purchase and perfection of title documents for several properties located in highbrow areas of Lagos. And that upon a search conducted in the office premises of Mr. Ifeanyi Collins Omeke by the operatives, several seals for various companies including but not limited to Queensdorf Global Fund Limited were recovered.

“That the said seals were kept in custody of Mr. Ifeanyi Collins Omeke by Godwin Emefiele. And that Investigation has revealed that all seven companies listed above are suspected to be shell companies used by Godwin Emefiele as vehicles for money laundering and holding proceeds of his illicit activities.

“That sometime in 2018, one Olusola Bodunde acquired a parcel of land located at Hakeem Odumosu Street, Lekki Phase 1, Lagos and partnered with one Idowu Sharafa to develop three units of 5 bedroom duplexes with attached BQ on the land. And that sometime in 2020, one Ifeanyi Omeke approached Mr. Olusola Bodunde and subsequently paid the total sum of N460, 000, 000. 00 (Four Hundred and Sixty Million Naira) for two of the three developed duplexes, purchased in the name of Amrash Ventures Limited, all on behalf and on the instructions of Godwin Emefiele.

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“That the sum of Two Million, Forty Five Thousand Dollars ($2,045,000.00) and the shares certificate, were also recovered in the office of Mr. Collins Ifeanyi Omeke at the Zenith Bank Head office on Ajose Adeogun Street, Victoria Island, Lagos.

“That most of the proceeds of Godwin Emefiele’s illegal activities were invested in the acquisition of various properties now sought to be forfeited to the Federal Government of Nigeria. And that the properties now sought to be forfeited were not acquired with proceeds of any legitimate earnings rather from funds reasonably suspected to have been derived from proceeds of unlawful activities.

“That from findings of our investigation, I also know as a fact and verily believe that the properties sought to be forfeited were acquired in the name of cooperate entities with a view to concealing the unlawful origin of the funds used for their acquisition. And that the title document in respect of the properties listed in schedule A herein were recovered by the team in the course of this investigation.

Justice Aluko after listening to Oyedepo submission, reading through all the processes filed and the plethora of legal authorities cited, granted the interim forfeiture of the money, the share certificates and the landed properties.

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The judge also directed the EFCC to publish the interim forfeiture order in a national newspaper to enable any anyone who is interested in the properties to appear before the Court and show cause within 14 days, why the final order of forfeiture of the said properties should not be made in favour of the Federal Government of Nigeria.

Further hearing of the matter was adjourned to September 5.

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Judge sentences Trump in hush money case but fails to impose any punishment

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By Kayode Sanni-Arewa

President-elect Donald Trump was sentenced Friday in his hush money case, but the judge declined to impose any punishment, an outcome that cements his conviction but frees him to return to the White House unencumbered by the threat of a jail term or a fine.

Trump’s sentence of an unconditional discharge caps a norm-smashing case that saw the former and future president charged with 34 felonies, put on trial for almost two months and convicted by a jury on every count. Yet, the legal detour — and sordid details aired in court of a plot to bury affair allegations — didn’t hurt him with voters, who elected him to a second term.

Manhattan Judge Juan M. Merchan could have sentenced the 78-year-old Republican to up to four years in prison. Instead, he chose a sentence that sidestepped thorny constitutional issues by effectively ending the case but assured that Trump will become the first person convicted of a felony to assume the presidency.

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Merchan said that like when facing any other defendant, he must consider any aggravating factors before imposing a sentence, but the legal protection that Trump will have as president “is a factor that overrides all others.”

“Despite the extraordinary breadth of those legal protections, one power they do not provide is that they do not erase a jury verdict,” Merchan said.

Trump, briefly addressing the court as he appeared virtually from his Florida home, said his criminal trial and conviction has “been a very terrible experience” and insisted he committed no crime.

The Republican former president, appearing on a video feed 10 days before he is inaugurated, again pilloried the case, the only one of his four criminal indictments that has gone to trial and possibly the only one that ever will.

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“It’s been a political witch hunt. It was done to damage my reputation so that I would lose the election, and obviously, that didn’t work,” Trump said.

Trump called the case “a weaponization of government” and “an embarrassment to New York.”

With Trump 10 days from inauguration, Merchan had indicated he planned a no-penalty sentence called an unconditional discharge, and prosecutors didn’t oppose it.

Prosecutors said Friday that they supported a no-penalty sentence, but they chided Trump’s attacks on the legal system throughout and after the case.

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“The once and future President of the United States has engaged in a coordinated campaign to undermine its legitimacy,” prosecutor Joshua Steinglass said.

Rather than show remorse, Trump has “bred disdain” for the jury verdict and the criminal justice system, Steinglass said, and his calls for retaliation against those involved in the case, including calling for the judge to be disbarred, “has caused enduring damage to public perception of the criminal justice system and has put officers of the court in harm’s way.”

As he appeared from his Florida home, the former president was seated with his lawyer Todd Blanche, whom he’s tapped to serve as the second-highest ranking Justice Department official in his incoming administration.

“Legally, this case should not have been brought,” Blanche said, reiterating Trump’s intention to appeal the verdict. That technically can’t happen until he’s sentenced.

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Trump, a Republican, becomes the first person convicted of a felony to assume the presidency.

The judge had indicated that he planned the unconditional discharge — a rarity in felony convictions — partly to avoid complicated constitutional issues that would have arisen if he imposed a penalty that overlapped with Trump’s presidency.

Before the hearing, a handful of Trump supporters and critics gathered outside. One group held a banner that read, “Trump is guilty.” The other held one that said, “Stop partisan conspiracy” and “Stop political witch hunt.”

The hush money case accused Trump of fudging his business’ records to veil a $130,000 payoff to porn actor Stormy Daniels. She was paid, late in Trump’s 2016 campaign, not to tell the public about a sexual encounter she maintains the two had a decade earlier. He says nothing sexual happened between them, and he contends that his political adversaries spun up a bogus prosecution to try to damage him.

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“I never falsified business records. It is a fake, made up charge,” the Republican president-elect wrote on his Truth Social platform last week. Manhattan District Attorney Alvin Bragg, whose office brought the charges, is a Democrat.

Bragg’s office said in a court filing Monday that Trump committed “serious offenses that caused extensive harm to the sanctity of the electoral process and to the integrity of New York’s financial marketplace.”

While the specific charges were about checks and ledgers, the underlying accusations were seamy and deeply entangled with Trump’s political rise. Prosecutors said Daniels was paid off — through Trump’s personal attorney at the time, Michael Cohen — as part of a wider effort to keep voters from hearing about Trump’s alleged extramarital escapades.

Trump denies the alleged encounters occurred. His lawyers said he wanted to squelch the stories to protect his family, not his campaign. And while prosecutors said Cohen’s reimbursements for paying Daniels were deceptively logged as legal expenses, Trump says that’s simply what they were.

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“There was nothing else it could have been called,” he wrote on Truth Social last week, adding, “I was hiding nothing.”

Trump’s lawyers tried unsuccessfully to forestall a trial. Since his May conviction on 34 counts of falsifying business records, they have pulled virtually every legal lever within reach to try to get the conviction overturned, the case dismissed or at least the sentencing postponed.

The Trump attorneys have leaned heavily into assertions of presidential immunity from prosecution, and they got a boost in July from a Supreme Court decision that affords former commanders-in-chief considerable immunity.

Trump was a private citizen and presidential candidate when Daniels was paid in 2016. He was president when the reimbursements to Cohen were made and recorded the following year.

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On one hand, Trump’s defense argued that immunity should have kept jurors from hearing some evidence, such as testimony about some of his conversations with then-White House communications director Hope Hicks.

And after Trump won this past November’s election, his lawyers argued that the case had to be scrapped to avoid impinging on his upcoming presidency and his transition to the Oval Office.

Merchan, a Democrat, repeatedly postponed the sentencing, initially set for July. But last week, he set Friday’s date, citing a need for “finality.” He wrote that he strove to balance Trump’s need to govern, the Supreme Court’s immunity ruling, the respect due a jury verdict and the public’s expectation that “no one is above the law.”

Trump’s lawyers then launched a flurry of last-minute efforts to block the sentencing. Their last hope vanished Thursday night with a 5-4 Supreme Court ruling that declined to delay the sentencing.

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Meanwhile, the other criminal cases that once loomed over Trump have ended or stalled ahead of trial.

After Trump’s election, special counsel Jack Smith closed out the federal prosecutions over Trump’s handling of classified documents and his efforts to overturn his 2020 election loss to Democrat Joe Biden. A state-level Georgia election interference case is locked in uncertainty after prosecutor Fani Willis was removed from it. [AP]

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Emirship tussle: Celebration in Kano as A’Court rule in favour of Emir Sanusi

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By Kayode Sanni-Arewa

Celebration in the ancient city of Kano as a Court of Appeal ruled in favour of the 16th Emir of Kano, Muhammadu Sanusi II in the crucial legal battle over the Emirship stool.

Supporters of Emir Sanusi, including youths and elderly individuals, celebrated the victory with drums, dancing, and other festivities.

The judgement delivered by the Appeal Court which sat in Abuja has brought an end to the prolonged legal dispute that threatened the stability of the Kano Emirate.

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Recall that the dispute began when Governor Abba Yusuf sometime in May 2024 dissolved all the Emirates and dethroned the 15th Emir of Kano, Aminu Ado Bayero while he was away from the state (the palace) and that which paved way for the reinstatement of the 16th Emir of Kano, Muhammadu Sanusi II who was immediately moved into the Kofar-Kudu palace to ascend the throne.

Upon return to the state, Bayero was forced to occupy the Nassarawa mini palace in a sit tight and where he currently carries out his courts.

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Akwa Ibom sacks all commissioners

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Governor Umo Eno of Akwa Ibom State has dissolved his cabinet, saying he needs to bring new professionals on board.

Speaking during a valedictory session at the exco chamber, on Friday, Eno said none of the commissioners under performed.

The governor who stated that though all of them delivered on their responsibilities, they had to be replaced for new set of professionals to be brought into the government.

“For me, if you were to be changed based on non-performance, I think none of the Commissioners would go. All of you have delivered and that’s why the Arise Agenda has succeeded. But we must come to the end of a season, start another season and keep moving,” he said.

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He said a valedictory dinner will be held on Friday evening at the Banquet Hall, Government House, Uyo, in honour of the outgone exco members.

Most of the commissioners have been in office for almost 10 years as some of them served under former Governor Udom Emanuel.

The commissioners and advisers were said to have been retained to allow Governor Eno compensate them for the services they rendered since they were not rewarded by the time the last administration came to an end on May 29, 2023.

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