A Federal High Court sitting in Lagos State has ordered the final forfeiture of N235.4 million linked to a Nigerian entrepreneur, Obinwanne Okeke, better known as Invictus Obi.
An ex parte application dated December 18, 2019, asking the court for an order of interim forfeiture of the money domiciled in First City Monument Bank (FCMB), had been filed by the Lagos zonal office of the Economic and Financial Crimes Commission (EFCC).
The presiding judge, Abdullah Liman, granted the order on March 23, 2020, while he also ordered the anti-graft agency 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.
The EFCC had on June 2, 2020, filed a motion seeking the final forfeiture of the money to the Federal Government after it received no opposition.
Also, on November 12, 2020, EFCC’s counsel, I. Sulaiman, moved a motion asking the court to grant his prayers for final forfeiture of the money.
EFCC spokesperson, Wilson Uwujaren, in a statement on Thursday, said the judge ruled in favour of the commission, granting final forfeiture of the money to the Federal Government.
Recall that Invictus Obi was arrested by the Federal Bureau of Investigation (FBI) at Dulles International Airport while leaving the United States. He was involved in internet fraud in 2019 amounting to over $11 million.
He pleaded guilty to have been involved in computer-based fraud between 2015 and 2019.
On June 19, 2020, the 34-year-old was convicted for the alleged offences.