The Federal High Court in Lagos has ordered the final forfeiture of ₦178,966,938, along with several properties and vehicles, to the Federal Government of Nigeria over links to suspected unlawful activities.
Justice C.J. Aneke made the order after granting a motion filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) in Suit No. FHC/L/MISC/1311/2025.The court had earlier ordered an interim forfeiture of the assets and directed the EFCC to publish the order in a national newspaper, inviting any interested party to show cause why the assets should not be permanently forfeited.
Moving the application for final forfeiture, EFCC counsel, Zeenat Atiku, told the court that investigations showed the funds and properties were traced to Stanley Akaria Chinemerem and were reasonably suspected to be proceeds of unlawful activities. The application was supported by an affidavit sworn to by an EFCC operative, Isah Yusuf Nadabo.
Among the forfeited assets is a fully detached six-bedroom duplex located within the Onigbanko Royal Family Land, Abule Oshun, Amuwo Odofin Local Government Area of Lagos State. Also forfeited are two undeveloped parcels of land at Onireke Town, opposite Ojo Barracks, Amuwo Odofin LGA, and two vehicles.
The EFCC said the interim forfeiture order, granted on December 12, 2025, was published in The Punch on January 8, 2026, and the respondent was personally served. No individual or organisation challenged the forfeiture. Justice Aneke ruled that the application had merit and ordered the assets finally forfeited to the Federal Government.
