Nigeria, March 6 -- The Federal High Court in Lagos has ordered the final forfeiture of $1.4 million linked to the former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

The judge, Ayokunle Faji, gave the order on Thursday following an application filed on 25 June 2024 by the Economic and Financial Crimes Commission (EFCC).

EFCC investigator David Jayeoba said in affidavit filed in support of the application that the funds, suspected to be proceeds of unlawful activities., were traced to Donatone Limited's account with Titan Trust Bank,

Mr Jayeoba explained that investigations revealed the funds were initially placed in interest-yielding accounts, laundered through a foreign account in Mauritius, and later channelled back to Ni...