TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

$11m fraud: Court orders interim forfeiture of Invictus Obi’s houses, cars

The Citizen by The Citizen
November 1 2021
in Financial Crimes
A A
0
$11m fraud: Court orders interim forfeiture of Invictus Obi’s houses, cars
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

Justice Peter Lifu of the Federal High Court in Lagos on Friday ordered the interim forfeiture of the houses and cars linked to Obinwanne Okeke, popularly known as Invictus Obi, who the Economic and Financial Crimes Commission described as “a strong leader of a cyber-crime syndicate that specialised in business e-mail compromise.”

Based on an ex parte application filed by the EFCC, Justice Lifu ordered the temporary forfeiture of Obi’s two properties designated as House 4, Oakville Estate, Kado Kuchi, Abuja; a 5-bedroom duplex at Standard Estate, Kabusa, Abuja; a Toyota Corolla with number plate RBC6238N and an unregistered Toyota Corolla Sport vehicle.

Obi was arrested in the United States of America over an alleged $11million cyber fraud and sentenced to 10 years in prison.

He was arrested by the Federal Bureau of Investigation after being implicated as the ringleader of a cybercrime syndicate that had defrauded some Americans to the tune of $11million “through fraudulent wire transfer instructions in a massive, coordinated, business e-mail compromise scheme.”

An operative of the EFCC, Usman Abdulhamid, said in an affidavit filed in support of the ex parte application, that, “On further investigation by the commission, two more properties were traced belonging to the convict, along with two vehicles parked in the residence. This application is pertinent to restitute the victims of the fraud through the United States of America Consulate.

“This matter is of very urgent public interest and concern as it directly tarnishes the image of the Federal Republic of Nigeria and Nigeria among the comity of nations.

“The properties sought to be forfeited to the Federal Government of Nigeria by the applicant were not procured through legitimate earnings of the respondent but are reasonably suspected to be part of the fraudulent activities which the respondent has been convicted for.”

Justice Lifu, after listening to the argument of the EFCC counsel, Chineye Okezie, held that the application was meritorious and subsequently ordered the interim forfeiture of the houses and vehicles.

He said, “I have listened to the submission of the counsel to the applicant vis-a-vis affidavit filed in support. I hold in my considered view that this application is meritorious and ought to be granted. Consequently, this application is hereby granted as prayed.”

After granting the order as prayed, Justice Lifu directed the EFCC to publish the temporary forfeiture order in a widely read newspaper in Nigeria within 14 days and adjourned till November 30 for any interested party to appear before him to show cause why the order should not be permanent.

Share9Tweet6
Previous Post

Nasarawa NGO trains 118 Fulani women in skill acquisition

Next Post

Gov. Diri hails security operatives for rescuing abducted expatriate

Related Posts

EFCC detains five Katsina revenue officials for alleged N1.3bn fraud
Financial Crimes

Fraudsters laundering money, hiding proceeds in real estate – EFCC

February 25 2026
N432bn theft: El-Rufai sues Kaduna Assembly, challenges probe
Financial Crimes

Court adjourns El-Rufai’s arraignment to April 23

February 25 2026
Nigeria drifting towards dictatorship if not checked – Ozekhome warns
Financial Crimes

AGF withdraws forgery charge against Ozekhome

February 24 2026
Governance: Executive arm more corrupt than legislature – ICPC
Financial Crimes

ICPC tracks N4.61bn FG projects in Zamfara

February 21 2026
24-year-old in police net over alleged N48.5m scam at Lagos Airport
Financial Crimes

24-year-old in police net over alleged N48.5m scam at Lagos Airport

February 4 2026
Wanted man: Please help us to locate Maina – EFCC begs Nigerians
Financial Crimes

Ex-pension reform chairman Maina slumps, in hospital

February 4 2026
Next Post
Gov. Diri hails security operatives for rescuing abducted expatriate

Gov. Diri hails security operatives for rescuing abducted expatriate

2023: APC denies Buhari’s third term ambition, succession plan

Nigeria’s unity depends on you - Northern Christian elders tell Buhari

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

Ogun State cancels Awujale selection process

Ogun State cancels Awujale selection process

by The Editor
December 18 2025
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

Tinubu confers GCON on business associate, Chagoury

Tinubu confers GCON on business associate, Chagoury

by The Editor
January 20 2026
0

...

FG targets Dana Air assets to refund trapped passenger funds

FG reshuffles NCAA directors amid corruption allegations

by The Editor
December 26 2025
0

...

ODDITIES

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

Man kills cousin over ₦1,000 burial refund in Delta State

Man kills cousin over ₦1,000 burial refund in Delta State

by The Editor
December 22 2025
0

GLOBAL NEWS

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

Trump rules out contesting for vice president to stay in power after 2028

Trump hikes US global tariff rate to 15%

by The Editor
February 21 2026
0

...

Gabonese Presidency defends social media shutdown

Gabonese Presidency defends social media shutdown

by The Editor
February 21 2026
0

...

Iran vows resistance amid US nuclear talks

Iran vows resistance amid US nuclear talks

by The Editor
February 21 2026
0

...

State of the States

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

by The Editor
February 18 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Disu declares total war on police corruption, impunity

Disu declares total war on police corruption, impunity

February 26 2026
Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

February 26 2026
Lagos refers Simi’s resurfaced tweets to police for probe

Lagos refers Simi’s resurfaced tweets to police for probe

February 26 2026
Senate asks Tinubu to sack CAC boss

Senate asks Tinubu to sack CAC boss

February 26 2026

EDITORIAL REVIEW

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Drug tests for public office aspirants, a must – Punch

Drug tests for public office aspirants, a must – Punch

by The Editor
January 9 2026
0

Economy in 2026: From risk to recovery – Punch

Economy in 2026: From risk to recovery – Punch

by The Editor
January 2 2026
0

FG launches digital platform to transition to paperless operation

LGs: Executive Order opposes federalism – Punch

by The Editor
December 30 2025
0

Opinion

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

by The Editor
December 8 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.