The embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, will be arraigned this Monday before Justice Hallilu of Federal Capital Territory (FCT) High Court on the illegal acquisition of 753 duplexes.
LEADERSHIP reports that the sprawling housing estate had been forfeited to the federal government.

The Economic and Financial Crimes Commission (EFCC) had last month filed fresh charges against Emefiele over the unlawful acquisition of the said properties.

The charges alleged that Emefiele unlawfully acquired a housing estate comprising 753 units of houses, and allegedly stole and controlled billions of naira in proxy accounts.

The EFCC, in the charge, marked CR/350/25 and dated Friday, May 30, 2025, accused Emefiele of colluding with one Eric Ocheme, who is reportedly at large, to acquire the property. The property is stated to be located at Plot 109, Cadastral Zone C09, Lokogoma District, FCT, Abuja.

It spans 150,462.86 square meters and comprises 753 housing units.

The EFCC previously recovered the estate from an unnamed former senior government official and obtained a forfeiture order on the property from the Federal Capital Territory High Court in Apo, Abuja.

Emefiele, through his lawyer, A.M. Kotoye (SAN), however, filed a motion as an interested party in the case.

The court, in its judgement, however, dismissed Emefiele’s motion.

LEADERSHIP