A Federal High Court sitting in Ikoyi, Lagos, has issued an order for the interim forfeiture of ₦31 million and several properties linked to Obiajulu Emeka Emmanuel, who is under investigation for allegedly acquiring the assets through fraudulent means.
The Economic and Financial Crimes Commission (EFCC), represented by counsel C. C. Okezie, brought the motion ex-parte before the court on May 8, 2025. According to an affidavit submitted by EFCC investigator Yusuf Hassan, the properties are reasonably suspected to have been acquired with the proceeds of unlawful activities. The assets include a four-bedroom terrace duplex, a three-bedroom terrace duplex, four one-bedroom apartments, and two two-bedroom apartments, all situated across various locations in Lagos State.
Justice Alexander Owoeye, after reviewing the evidence, granted the application and directed that the interim forfeiture order be published in a national newspaper. This is intended to give any interested party an opportunity to appear before the court and explain why the funds and properties should not be permanently forfeited to the Federal Government of Nige
