TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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COURT ORDERS FINAL FORFEITURE OF EMEFIELE'S $4.7M, N830M, AND PROPERTIES. (PHOTO).

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 Court Orders Final Forfeiture of Emefiele’s $4.7M, N830M, and Properties


A Federal High Court in Lagos, presided over by Justice Yellim Bogoro, has ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to former CBN Governor Godwin Emefiele to the Federal Government of Nigeria.


The judge dismissed an objection from an interested party before granting the Economic and Financial Crimes Commission (EFCC)’s application, filed by counsel Bilkisu Buhari-Bala, for the forfeiture of the funds held in First Bank, Titan Bank, and Zenith Bank accounts operated by individuals and entities including Omoile Anita Joy, Deep Blue Energy Service Limited, and Exactquote Bureau De Change Ltd.


The seized properties include:

94-unit, 11-floor building under construction at Ikoyi, Lagos

AM Plaza, an 11-floor office space in Lekki, Lagos

Imore Industrial Park 1 in Amuwo Odofin, Lagos

Mitrewood and Tatler Warehouse in Ibeju-Lekki, Lagos

Two Chevron Nigeria properties in Lakes Estate, Lekki

Land and properties in Lekki, Eti-Osa, and Texas, USA


Justice Bogoro ruled that these assets were proceeds of unlawful activities, emphasizing that large amounts of foreign currency surfaced after Emefiele’s exit from the CBN, raising concerns about illicit financial dealings. The judge also identified Anita Omoile as a close associate of Emefiele, benefiting from undue influence to access CBN funds unlawfully.


The EFCC, represented by Rotimi Oyedepo (SAN), cited relevant laws in its application, leading to the initial forfeiture order, which was later made permanent after no legitimate ownership claims were proven.

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