FRAUD: COURT ORDERS FINAL FORFEITURE OF OVER N235 MILLION TRACED TO INVICTUS OBI
A federal High Court in Ikoyi, Lagos has ordered the final forfeiture of N235,451,969 traced to the account of a convicted fraudster, Obinwanne Okeke popularly known as Invictus Obi to the Federal Government of Nigeria.
Economic and Financial Crimes Commission (EFCC), spokesman Wilson Uwujaren, announced this in a statement on Thursday.
Recall that Okeke, the Chief Executive Officer of Invictus Group, pleaded guilty to two charges of computer fraud and wire fraud following his arrest by the Federal Bureau of Investigation (FBI) in August 2019.
Invictus Obi was nabbed for $11 million fraud after an official account belonging to a steel company’s CEO was hacked.
Subsequently, the EFCC filed an ex parte application dated December 18, 2019, seeking the forfeiture of his money domiciled in First City Monument Bank (FCMB).
Justice Liman ordered the interim forfeiture of the money on March 23, 2020, ordering the EFCC to advertise in a national newspaper for anyone to show cause why the said money should not be finally forfeited to Nigeria.
In November 2020, the EFCC counsel, I. Sulaiman, prayed for the final the confiscation which Justice Liman has granted.
Okeke was one of the Forbes Africa’s Under 30s in 2016.
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