HomeNewsCourt Orders Final Forfeiture of Lagos Duplex Linked to Alleged Forex Fraud

Court Orders Final Forfeiture of Lagos Duplex Linked to Alleged Forex Fraud

-

A Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of a four-bedroom duplex in Lagos State to the Federal Government of Nigeria over alleged foreign exchange fraud and money laundering.

The property, located at No. 21A, Victory Estate, Ago Palace Way, Ojo Peter Street, Lagos, was said to be linked to Chidiebere Onyeoma Okeke, who is currently under investigation by the Economic and Financial Crimes Commission, EFCC.

Justice Dehinde Dipeolu gave the order on Friday, May 8, 2026, following a motion on notice filed by the EFCC through its counsel, H.U. Kofarnaisa.

According to the anti-graft agency, the application was brought by the Lagos Zonal Directorate 1 of the Commission as part of ongoing investigations into alleged foreign exchange fraud and money laundering activities.

“The court ordered the final forfeiture of the property to the Federal Government of Nigeria,” the EFCC stated.

The Commission added that the duplex is believed to be proceeds linked to unlawful financial activities allegedly involving the suspect.

The EFCC reaffirmed its commitment to tracing, recovering, and forfeiting assets suspected to be proceeds of crime in line with its mandate to combat economic and financial crimes in the country.

#Securitynewsalert.com

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ogun Police Probe Deaths of Retired Broadcaster Kitan Oyesiku, Her Security Guard

 The Ogun State Police Command has launched a comprehensive investigation into the deaths of retired Ogun State Television (OGTV) broadcaster, Ms Kitan Oyesiku, and her...

Lagos CP Visits Mushin Following IED Scare, Area Declared Safe

The Commissioner of Police, Lagos State Command, CP Tijani Fatai, on Monday visited Mushin for an on-the-spot assessment following a reported improvised explosive device (IED)...

Troops Deal Heavy Blow To Terrorists, Rescue Abductees In Sokoto, Katsina States

 Troops of Sector 2, Operation FANSAN YAMMA, have recorded fresh operational successes in their sustained campaign to rid the North West region of terrorism and...

Enugu Police Arrests Suspected Cultist, Recovers Firearm, Ammunition

Operatives of the Enugu State Police Command have arrested a suspected cultist and recovered a firearm, live ammunition, and other incriminating items during an operation...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img