Nigeria Orders Seizure of $4.7 Million From Ex-Central Banker
A Nigerian court ordered the forfeiture of cash and several properties traced to the former governor of the nation's central bank after determining they were 'proceeds of unlawful activity.'
The court in Lagos, the nation's commercial hub, ordered that Godwin Emefiele, who was removed as central bank governor in June 2023, forfeit $4.7 million plus 831 million naira ($553,000) held in bank accounts, as well as a number of properties, according to a post on X by Nigeria's anti-corruption agency on Saturday.
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