Close Menu
Chronicle NG
    Trending Stories
    Ajaero slams Nigeria power privatisation as failure

    Nigerians ‘paying for darkness’, Ajaero slams power sector reform as failure

    February 16, 2026
    US Embassy, consulate in Nigeria observe Presidents’ Day

    US embassy, consulate in Nigeria observe Presidents’ Day

    February 16, 2026
    The National Assembly disclosed on Sunday that it would reconvene its plenary session on Tuesday, February 17, 2026, shortening its recess amid reports that lawmakers may review the date set for the 2027 presidential election.

    National Assembly moves to shift 2027 presidential poll to Feb13

    February 16, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Nigerians ‘paying for darkness’, Ajaero slams power sector reform as failure
    • US embassy, consulate in Nigeria observe Presidents’ Day
    • National Assembly moves to shift 2027 presidential poll to Feb13
    • Tinubu demands release of South Sudan VP Machar
    • Police to arraign suspect in S’Africa-based Nigerian student’s killing today
    • 2027 votes must count, Obi warns election officials against rigging
    • Presidency links El-Rufai’s thallium sulphate claim to N432bn Kaduna corruption probe
    • Ribadu asks El-Rufai to provide proof of toxic chemical procurement to DSS
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, February 16
    • 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

    Ajaero slams Nigeria power privatisation as failure

    Nigerians ‘paying for darkness’, Ajaero slams power sector reform as failure

    US Embassy, consulate in Nigeria observe Presidents’ Day

    US embassy, consulate in Nigeria observe Presidents’ Day

    The National Assembly disclosed on Sunday that it would reconvene its plenary session on Tuesday, February 17, 2026, shortening its recess amid reports that lawmakers may review the date set for the 2027 presidential election.

    National Assembly moves to shift 2027 presidential poll to Feb13

    Tinubu vows to crush terrorism, says insecurity hurts Nigeria’s economy

    Tinubu demands release of South Sudan VP Machar

    The South African Police Service says a female suspect apprehended over the murder of a Nigerian e-hailing driver will be arraigned today.

    Police to arraign suspect in S’Africa-based Nigerian student’s killing today

    2027 votes must count, Obi warns election officials against rigging

    2027 votes must count, Obi warns election officials against rigging

    Subscribe to News

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

    Ajaero slams Nigeria power privatisation as failure

    Nigerians ‘paying for darkness’, Ajaero slams power sector reform as failure

    February 16, 2026
    US Embassy, consulate in Nigeria observe Presidents’ Day

    US embassy, consulate in Nigeria observe Presidents’ Day

    February 16, 2026
    The National Assembly disclosed on Sunday that it would reconvene its plenary session on Tuesday, February 17, 2026, shortening its recess amid reports that lawmakers may review the date set for the 2027 presidential election.

    National Assembly moves to shift 2027 presidential poll to Feb13

    February 16, 2026
    Tinubu vows to crush terrorism, says insecurity hurts Nigeria’s economy

    Tinubu demands release of South Sudan VP Machar

    February 16, 2026
    The South African Police Service says a female suspect apprehended over the murder of a Nigerian e-hailing driver will be arraigned today.

    Police to arraign suspect in S’Africa-based Nigerian student’s killing today

    February 16, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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