Invictus Obi loses N235.4m to FG after EFCC case

Invictus Obi loses N235.4m to FG after EFCC case

- A new development has emerged in the case of Invictus Obi

- The suspected fraudster will be forfeiting N235.4m linked to him, a judge, Abdullah Liman ruled

- According to the report, the money is domiciled in a new generation bank

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The federal government of Nigeria is now richer as a suspected fraudster, Obinwanne Okeke, better known as Invictus Obi will lose money to the government.

The order for forfeiture was issued by a Federal High Court in Lagos.

Abdullah Liman, the judge had ordered the interim forfeiture of the money domiciled in a bank following an ex parte application dated December 18, 2019, filed by the Lagos zonal office of the EFCC, The Cable reports.

Invictus Obi loses N235.4m to FG after EFCC case
A Federal High Court in Lagos has ordered the final forfeiture of N235.4m linked to Obinwanne Okeke, a Nigerian entrepreneur, better known as Invictus Obi. Photo: Premium Times
Source: UGC

Liman also ordered EFCC to issue a notice in a national newspaper asking anyone opposed to the forfeiture of the money to come before the court and show cause why it should not be permanently forfeited.

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However, nobody came out and the judge consequently issued the order after EFCC filed a motion seeking the final forfeiture of the money to the federal government.

Recall that Legit.ng reported that Obi confessed to American authorities that he participated in fraudulent activities.

Okeke who was charged with two counts of computer fraud and wire fraud agreed that he knowingly, intentionally and unlawfully committed the offences against him.

He added that findings by American investigators and the ‘statement of facts’ filed in court by prosecutors are true and accurate.

In another development, Legit.ng reported that the EFCC disclosed that six internet fraudsters also known as Yahoo Boys have been sentenced to various prison terms by Nigerian courts.

Five of the convicts were jailed for fraudulent impersonation by Justice Patricia Ajoku of the Federal High Court, Ibadan.

According to the EFCC, among them, Olawale Ayorinde Abdulaliyu was sentenced to three months imprisonment; Josiah Olafuyi to four months, Abdul-Salam Abubakar and Blessing Opeyemi Omoyajowo got six months each, while, Bolaji John Alegbe was sentenced to seven months jail term.

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Source: Legit.ng

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