Court gives verdict on N280m linked to Invictus Obi
- A Federal High Court in Lagos granted temporary forfeiture of N280 million linked to Invictus Obi
- The EFCC filed an ex-parte application asking that money linked to the suspected internet fraudster be forfeited
- The suspect was arrested by US operatives for alleged conspiration to commit fraud
A Federal High Court in Lagos has reportedly granted an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC) for the forfeiture of N280 million liked to Obinwanne Okeke.
Okeke who is popularly known as Invictus Obi was arrested by operatives of the Federal Bureau of Investigation in the US for conspiring to commit fraud of over $11 million.
Vanguard reports that Justice Rilwan Aikawa granted the EFCC temporary forfeiture of the money linked to Obi on Monday, October 7.
The commission said “it traced the said amount to Okeke in bank accounts of Invictus Oil and Gas Limited and Invictus Investment Limited.”
Okeke, 31, is being accused in the US of conspiring to commit fraud of over $11 million.
The EFCC said in the application that the temporary “forfeiture order was necessary to prevent the companies from tampering or dissipating the money which is reasonably suspected to be proceeds of unlawful activities.”
Justice Aikawa “ordered the interim forfeiture of the funds and asked the commission to publish in any national newspaper, the interim order for the named parties or anyone who is interested in the monies sought to be forfeited to appear before the court to show cause within 14 days why the final order of forfeiture should not be made in favour of the federal government.”
The judge fixed October 30 for further proceedings.
Legit.ng had reported that barely a week after Okeke was apprehended, no fewer than 80 Nigerians were charged in the United States with being part of a massive fraud and money laundering case.
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Source: Legit.ng
