Close Menu
Chronicle NG
    Trending Stories
    Sadiya Umar Farouq facing arrest warrant over alleged $1.3 million and ₦746.6 million fraud case in Abuja court

    Court orders arrest of ex-minister Sadiya Farouq over $1.3m fraud

    April 17, 2026
    Pope Leo says world ravaged by tyrants spending billions on war

    Pope Leo says world ravaged by tyrants spending billions on war

    April 17, 2026
    UNIMAID: ASUU rejects Tinubu renaming university after Buhari

    Tinubu calls Buhari his partner, says ‘I took over from myself’

    April 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Court orders arrest of ex-minister Sadiya Farouq over $1.3m fraud
    • Pope Leo says world ravaged by tyrants spending billions on war
    • Tinubu calls Buhari his partner, says ‘I took over from myself’
    • Blord gets bail after Sowore’s involvement
    • Amaechi dares Tinubu to stop influencing INEC, prove popularity in 2027
    • Airtel stops airtime, data borrowing services
    • Police arrest six over planned Ondo bomb attack
    • Amaechi vows to solve Nigeria’s problem if elected president
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, April 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    EFCC asks court to dismiss Emefiele’s move to stop seizure of $2.04m, others

    Opalim LiftedBy Opalim LiftedOctober 6, 2024No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    EFCC asks court to dismiss Emefiele’s move to stop seizure of $2.04m
    EFCC asks court to dismiss Emefiele’s move to stop seizure of $2.04m
    Facebook Twitter WhatsApp

    The Economic and Financial Crimes Commission (EFCC) has asked the Federal High Court sitting in Lagos to dismiss an application filed by the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, seeking to stop the forfeiture of some properties and monies linked to him.

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

    At the resumption of proceedings on Friday, Emefiele’s counsel, Senior Advocate of Nigeria, Olalekan Ojo, asked Justice Deinde Dipeolu to stay further proceedings in the case pending the determination of the former CBN governor’s appeal.

    Ojo said, “We are urging your lordship to stay proceedings pending the hearing and determination of the appeal court in order to avoid judicial rascality”.

    But EFCC’s counsel, Senior Advocate of Nigeria, Rotimi Oyedepo, opposed the application. He submitted that the former CBN governor had not filed any appeal.

    EFCC constitute task force to save Naira

    According to him, no motion from Emefiele was taken and ruled on that crystallised in an appeal.

    • How Tinubu’s aides, Ministers shared N54bn forfeited by Emefiele’s accomplices

    Oyedepo said: “My lord how can the defendant in this case rush to the Court of Appeal because the Federal High Court returned the (case) file to the administrative judge for assignment, owing to the fact that the annual vacation of the court ends on the next adjourned date?

    “I submit with due respect that the defendant just went to dump mere documents in the registry of the Appeal Court. Therefore, I urge the court to hold that there is no appeal.

    “Let us even assume there is an appeal, the question will be ‘has the leave of my lord been sought?’ the answer is no”.

    “My lord I submit with respect that this appeal cannot stop the proceedings in this matter because the leave of the court was not sought, as the rule of the court has made it mandatory when it is an appeal filed on the ground of mixed fact and law.

    “I submit that there is no appeal against the decision of your lordship. In an interlocutory appeal, the application of the appellant must first be taken by the lower court before going to the higher court.

    “This party has not shown any exceptional circumstances that will warrant any stay of proceedings.

    “The purported appeal has no bearing in the final determination of this case.”

    “Therefore, I urge the court to hold that there is no appeal and proceed with the hearing of pending applications.”

    Justice Dipeolu has adjourned till Oct. 11th for his ruling on the application.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Sadiya Umar Farouq facing arrest warrant over alleged $1.3 million and ₦746.6 million fraud case in Abuja court

    Court orders arrest of ex-minister Sadiya Farouq over $1.3m fraud

    Pope Leo says world ravaged by tyrants spending billions on war

    Pope Leo says world ravaged by tyrants spending billions on war

    UNIMAID: ASUU rejects Tinubu renaming university after Buhari

    Tinubu calls Buhari his partner, says ‘I took over from myself’

    The Nigerian police have announced the arrest and interrogation of Linus Williams, CEO of Blord Group, over alleged fraud and violations of the CBN Act. 

    Blord gets bail after Sowore’s involvement

    ADC south-south backs Amaechi for 2027 presidency

    Amaechi dares Tinubu to stop influencing INEC, prove popularity in 2027

    Airtel Nigeria has launched a new number range “0904”

    Airtel stops airtime, data borrowing services

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Sadiya Umar Farouq facing arrest warrant over alleged $1.3 million and ₦746.6 million fraud case in Abuja court

    Court orders arrest of ex-minister Sadiya Farouq over $1.3m fraud

    April 17, 2026
    Pope Leo says world ravaged by tyrants spending billions on war

    Pope Leo says world ravaged by tyrants spending billions on war

    April 17, 2026
    UNIMAID: ASUU rejects Tinubu renaming university after Buhari

    Tinubu calls Buhari his partner, says ‘I took over from myself’

    April 17, 2026
    The Nigerian police have announced the arrest and interrogation of Linus Williams, CEO of Blord Group, over alleged fraud and violations of the CBN Act. 

    Blord gets bail after Sowore’s involvement

    April 17, 2026
    ADC south-south backs Amaechi for 2027 presidency

    Amaechi dares Tinubu to stop influencing INEC, prove popularity in 2027

    April 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.