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Invictus Obi permanently loses N280m to Nigerian govt

Invictus Obi permanently loses N280m to Nigerian govt

Obinwanne Okeke, known popularly as Invictus Obi has permanently lost the sum of N280,555,010 to the Federal Government.

This followed the order of the Federal High Court sitting in Lagos. The court presided over by Justice Justice Rilwan Aikawa ordered the money, belonging to the alleged leader of a cyber-crime syndicate, to be finally forfeited to the Federal Government.

The Economic and Financial Crimes Commission (EFCC) had told the court that the funds were lodged in the Nigerian bank accounts of Invictus Oil and Gas Limited and Invictus Investment Limited, respectively.

The anti-graft agency’s counsel, Rotimi Oyedepo, had asked the judge to order that the money be forfeited to the Federal Government.

The EFCC had further described Okeke as a “strong leader of a cyber-crime syndicate that specialises in business e-mail compromise”.

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Forbes had in 2016 celebrated Okeke, 31, as one of Africa’s “most outstanding 30 entrepreneurs under the age of 30.”

However, in August 2018, the Federal Bureau of Investigation (FBI) arrested Okeke for allegedly defrauding some American citizens of $11 million. He had been standing trial in the United States since then.

Ripples Nigeria

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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