What Onnoghen stands to lose following his conviction

 

On Thursday, April 18th, the Code of Conduct Tribunal (CCT) convicted suspended Chief Justice of Nigeria(CJN), Walter Onnoghen for false and non-declaration of assets.
Onnoghen has also been banned from holding any public office in the next ten years. 
 
For most people, the  most striking part of the development is that the tribunal also ordered the forfeiture of all the monies in the five accounts  Onnoghen failed to declare.
 
Reportedly, here’s what the former Chief Justice would  be forfeiting:
Domiciliary US Dollar account  – $56,878*
Domiciliary Pound Sterling account  – £13,730.70.
Domiciliary Euro account – €10,187.18.
e-Saver savings (Naira) account – N12,852,580.52
Another Naira account  – N2,656,019.21.
 
All the accounts are said to be maintained with Standard Chartered Bank (Nig.) Ltd.
Based on reports, except the conviction is overturned by appellate court, Onnoghen cannot be pardoned by the presidency, not even through prerogative of mercy. 

 

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