News

Court Siezes $2.04m worth of properties linked to Emefiele

On Friday, a Federal High Court in Lagos ordered a final forfeiture of 2.04 million dollars, linked to the suspended Central Bank Governor, Godwin Emefiele. Justice Isaac Dipeolu also ordered the final forfeiture of landed properties and share certificates of Queensdorf Global Fund Ltd Trust, all linked to Emefiele. The court made the final orders of forfeiture, after holding that the former CBN governor or any other interested party did not contest the same after an earlier interim forfeiture order

The court held that the respondent could not connect his lawful earnings from Zenith Bank and the CBN to the acquisition of the properties. The Economic and Financial Crimes Commission (EFCC) counsel, Rotimi Oyedepo (SAN) had by a motion on August 15, sought an order to forfeit the properties on grounds that they were reasonably suspected to be proceeds of unlawful activities.

Oyedepo had added that the orders sought were under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006, Section 44 (2)(b) of the 1999 Constitution of the Federal Republic of Nigeria and the court’s inherent jurisdiction.

The court had granted the interim order of forfeiture on the properties and had adjourned for any interested party to appear in court and show cause. In its ruling on Friday, the court held that the respondent failed to provide documents or links to show that he owned the properties.

The court held that the conclusion that can be deduced is that there must be something dark about the acquisition of the properties, which the respondent and the companies do not want to come to light.

The judge consequently, held that “the interested party has failed to demonstrate any lawful interest in the properties and that they were acquired from his legitimate earnings”.

“I, therefore order the final forfeiture to the Federal Government of Nigeria, of all those properties, which are reasonably suspected to have been acquired with proceeds of unlawful activities”.

The properties are two fully detached duplexes of identical structures, lying and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos

An undeveloped land, measuring 1919.592sqm at Oyinkan Abayomi Drive Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn Road, Ikoyi.”

Others are an industrial complex under construction, 22 plots of land in Agbor, Delta State; eight units of an undetached apartment at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land at 2a Bank Road, Ikoyi, Lagos

News

EFCC to Arrest EezeeTee over Mercy Chinwo’s $340,000 Royalties

The Economic and Financial Crimes Commission (EFCC) has reiterated that Ezekiel Thankgod, known as EezeeTee, must appear before the Federal High Court in Ikoyi to answer allegations concerning Mercy Chinwo’s royalties.
The EFCC accuses Thankgod of laundering and dishonestly converting $340,000 in royalties meant for the gospel artiste.

According to the EFCC’s statement, Justice A. O. Owoeye ruled on Monday, February 17, 2025, that the defendant must appear in court to take his plea, setting March 6, 2025, as the next hearing date.

“The defendant, Ezekiel Thankgod, has consistently evaded arraignment despite multiple attempts by the EFCC’s Lagos Zonal Directorate to serve him. This prompted the issuance of a warrant for his arrest on January 16, 2025,” the commission’s statement read.

The EFCC detailed that the former manager of Mercy Chinwo and the CEO of Eezee Global Concepts Limited are facing a three-count charge involving money laundering and dishonest royalties conversion.

One of the charges states that in 2023, Thankgod retained $260,494 in an EEZEE Global Ministry account with Zenith Bank, an amount allegedly linked to unlawful activity.

The EFCC prosecutor, Bilikisu Buhari, noted that the agency had been unable to serve the charges directly to Thankgod, as he remained unreachable.

However, on January 24, 2025, his defense counsel, Dr Monday Ubani, SAN, accepted service on his behalf but filed a preliminary objection to challenge the charges.

Justice Owoeye had previously adjourned the case for arraignment, but Thankgod failed to appear, opting to be represented by his counsel.

With the bench warrant still active, the EFCC insists that the accused must personally appear in court on March 6 to defend himself.

News

AfDB President Hints At Possible Run For Nigerian Presidency

The outgoing President of the African Development Bank (AfDB), Akinwumi Adesina, has hinted at the possibility of running for Nigeria’s presidency in 2027, stating he is “available to serve” once his tenure at the bank concludes.

In an interview with Arise Television’s news host, Rufai Oseni, Adesina, who also served as Nigeria’s Minister of Agriculture under former President Goodluck Jonathan, affirmed his commitment to national service, saying he is open to serving “globally, in Africa, anywhere, including my own country, Nigeria.”

When asked directly about his political ambitions, Adesina reflected on his deep attachment to Nigeria, recalling a moment when he chose to retain his Nigerian citizenship despite the opportunity to obtain a U.S. passport.

“I remember telling a colleague that this passport is a Nigerian passport, a green passport. I cannot and will never trade it for anything,” he said. “God did not make a mistake in making me a Nigerian. He didn’t make a mistake in making me an African.”

Expressing his passion for public service, Adesina noted that his ultimate source of happiness is witnessing a transformative change in people’s lives.

Drawing a parallel with Nigerian pop artist Davido’s hit song, ‘Unavailable,’ Adesina playfully remarked, “I would ask Davido to change that song—‘I am available, they will see me.’”

Adesina was first elected as AfDB President in 2015 and secured re-election for a second term in 2020. His tenure at the continental financial institution has been marked by a focus on economic development, infrastructure financing, and poverty alleviation across Africa.

While he did not declare his candidacy for the 2027 presidential race, his remarks have fueled speculation about his political future.

His track record and reputation as an economic reformer have long positioned him as a potential contender for Nigeria’s highest office.

As Nigeria’s political landscape gradually shifts towards the next general elections, Adesina’s latest remarks may signal a move towards a more defined political role.

Whether he formally declares his ambition remains to be seen, but his message was clear: he is ready to serve in any capacity that aligns with his vision for change

Celebs

Veteran Nollywood actor, Columbus Irosanga Passes On

Veteran Nollywood actor, Columbus Irosanga, popularly known for his role as a native doctor is dead.

His death was announced on Instagram on Thursday by fellow movie star, Hilda Dokubo.

Sharing the news, Dokubo wrote, “There can’t be a shortage of angels in heaven that the few here are called home like this na! This one is heavy on Uniport Rivers State Nollywood.”

Beyond acting, he was a senior lecturer at the Department of Theatre Arts, University of Port Harcourt.

His most notable film roles include Issakaba (2003) and 7 Kilometre (2015).

Throughout his career, he received numerous awards, including Best Actor in a Supporting Role (AMAA), Best Actor in a Drama (City People Entertainment Awards), Most Promising Actor in Nigeria (AMVCA), and Best Actor in a Leading Role (Best of Nollywood Awards).