Nigeria, Feb. 22 -- The Federal High Court in Lagos has ordered the final forfeiture of N830 million, $4.7 million and a slew of properties linked to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

The trial judge, Yellim Bogoro, gave the order on Friday following a motion on notice filed by the Economic and Financial Crimes Commission (EFCC).

The commission argued that the funds and properties were proceeds of unlawful activities, citing Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and Section 44(2)(b) of the Nigerian Constitution.

EFCC, through its lawyer, Bilikisu Buhari, said the forfeited funds, domiciled in First Bank, Titan Bank, and Zenith Bank, were linked to Omoile Ani...